FedEx says profits could rebound by 2021 if economy holds steady
FedEx believes it is on track to "easily" grow earnings per share 10%-15% by 2021, though the global economy is a major wild card in forecasting future results.
Topic: FedEx
RSSThere are 460 article(s) tagged FedEx:
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September 2019
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FedEx to add more than 3,250 workers in Memphis area for peak season
FedEx said Wednesday it will hire more than 3,250 workers in the Memphis area and more than 55,000 companywide to meet customer demand during the upcoming holiday peak season.
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Dean Kamen’s iBot saved FedEx years of R&D on delivery robot, inventor says
The new iBot personal mobility device could ride the coattails of Roxo, the FedEx SameDay Bot. Inventor Dean Kamen told The Daily Memphian he has high hopes for the collaboration.
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FedEx paints belt-tightening picture in earnings miss
Memphis-based FedEx Corp. on Tuesday, Sept. 17, reported earnings for the June-August quarter.
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FedEx sets 2020 rates, holds line on residential surcharges for peak season
FedEx announced 2020 shipping rates Monday, Sept. 16, and said it would not impose an additional residential delivery surcharge for the third consecutive holiday peak season.
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Commerce asks D.C. court to dismiss FedEx lawsuit on policing exports
The U.S. Commerce Department has asked a federal judge in Washington to dismiss a lawsuit arguing Export Administration Regulations unfairly burden FedEx with watch-dogging the contents of shipments.
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FedEx flexes network to deliver humanitarian aid in Bahamas
A FedEx Express Boeing 757 named Ryanne airlifted 56,000 pounds of relief supplies and equipment from Memphis to the hurricane-ravaged Bahamas on Monday, Sept. 9.
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Roxo the FedEx robot meets, greets at City Hall
FedEx SameDay Bot Roxo delivered a gift bag of swag to Memphis Mayor Jim Strickland as FedEx marked the midpoint of a two-week test of the autonomous delivery device.
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August 2019
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FedEx Logistics to add Colombia export manager Cargex
FedEx Logistics, a Memphis-based trade and specialty services unit of FedEx Corp., has announced an acquisition that will boost its presence in Colombia and Latin America.
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FedEx preps delivery robot Roxo for Memphis test
FedEx is rolling out Roxo, the FedEx SameDay Bot, in Memphis as part of a test of the autonomous delivery vehicle.
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FedEx names Richard Smith, founder’s son, No. 2 at FedEx Express
Richard W. Smith, son of FedEx founder Frederick W. Smith, is slated to be promoted Sept. 1 to the No. 2 spot in the company’s largest operating unit, FedEx Express.
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Area emptied by 1980s airport buyouts awaits new purpose
The Memphis-Shelby County Airport Authority board on Thursday, Aug. 22, approved a sale of nearly 51 acres of former noise abatement buyout land to a Georgia company.
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FedEx chief Smith working to shape new trade agenda
FedEx chief Frederick W. Smith is one of three co-chairs of a Washington-based business think tank's new commission exploring ways to develop a positive trade agenda for the United States.
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Conaway: Memphis still amazes. It just amazed me.
A tour bus of folks from Toledo hits the highlights: from the site of the first Piggly Wiggly, to St. Jude Children's Research Hospital, to The Peabody. A Memphian along for the ride finds fresh cause for wonder.
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Earnings-based bonuses pad paychecks of top FedEx executives
Long-term incentive bonuses added millions to FedEx's compensation of top officers after annual bonuses were cancelled because of recent business challenges.
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UPS mum on Memphis expansion cited in zoning case
A street-closing application to the Office of Planning and Development cites plans for a UPS expansion at Memphis International Airport.
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FedEx halting ground deliveries in U.S. for Amazon
FedEx said Wednesday it will stop delivering Amazon packages via FedEx Ground in the U.S. The Memphis-based carrier previously stopped carrying Amazon packages in its U.S. air network June 30.
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FedEx ramps up hub modernization project to $1.55 billion
FedEx is increasing its financial commitment to modernization and expansion of the FedEx Express Memphis world hub, which will total $1.55 billion over six years.
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July 2019
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Hats, cookies and Memphis’ gratitude greet Teach For America corps
TFA teachers make a commitment to the next generation of Memphians, and a group of community advocates makes sure those teachers get a welcome box and support when they arrive.
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Calkins: The new Memphis tournament is seriously cool
A cool week in Memphis? At this time of year? Tournaments organizers have plainly thought of everything.
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Calkins: Memphis deserves this week
It may not be the best sporting event in the 200-year history of Memphis, but the World Golf Championships-FedEx St. Jude Invitational is the most deserved.
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Latest plan for The Clipper excludes hotel
The developers' news release states that brokers are already leasing space for the future Clipper office and retail space, but the original plans for a 250-room, full-service hotel are no longer mentioned.
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Conaway: Those in charge of saving our lives can’t seem to save information
My doctors seem to have no idea who I am. I had back surgery in November and follow-up appointments since, but I’m still asked to fill out a complete online personal medical history, family medical history, and identity check including photos, front and back, of all requisite cards and documents in advance of my next appointment.
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Starkville teen’s family receives FedEx wings in memorial tribute
The family of Starkville teenager Lake Little received FedEx pilot wings and condolences from Memphis-based FedEx Express after Little was fatally injured in a crash in Oxford July 6.
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Former FedEx insider says separate operations don’t make sense
Analysts and a shipping industry consultant dissect FedEx Corp.'s longtime mantra of "operate independently, compete collectively" in view of flagship FedEx Express unit's recent difficulties.
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