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FedEx delays $300 million in Memphis hub spending

By , Daily Memphian Updated: August 01, 2020 11:23 AM CT | Published: July 30, 2020 2:06 PM CT

COVID-19 and a desire to improve cash flow have prompted FedEx to slow the pace of a $1.55 billion Memphis hub transformation. 

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FedEx Corp. FedEx Express FedEx Memphis world hub Memphis International Airport FedEx capex reduction COVID-19 Subscriber Only
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.


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