Memphis Local, Sports, Business & Food News | Daily Memphian | Business - Transportation/Logistics

FedEx reports positive first quarter results

jcallahan@dailymemphian.com (Jody Callahan) — Thu, 18 Sep 2025 19:13:34 -0500

However, FedEx Freight segment operating results fell.

Memphis International Airport begins $700 million upgrade

damro@dailymemphian.com (Dima Amro) — Sat, 13 Sep 2025 19:38:27 -0500

The airport improvements, funded in part by $50.6 million in federal grants, will take about six years.

Control of MATA money goes to city trust

bdries@dailymemphian.com (Bill Dries) — Tue, 9 Sep 2025 19:22:33 -0500

The trust controlling city funding to the Memphis Area Transit Authority is the result of discontent by City Council members as well as the City of Memphis administration about the bus system’s interim leadership.

Frontier Airlines to add nonstop route between Memphis and Atlanta

ssurrett@dailymemphian.com (Sophia Surrett) — Fri, 5 Sep 2025 12:28:54 -0500

“Frontier’s addition of Atlanta service is a very positive development for our passengers, providing a low-cost option to the world’s busiest passenger airport,” said Michael Keeney, Chairman of the Memphis-Shelby County Airport Authority.

South Korean manufacturer plans $50M Memphis expansion

ssurrett@dailymemphian.com (Sophia Surrett) — Wed, 3 Sep 2025 13:20:08 -0500

Hyosung Hico announced the multiyear expansion that would double the manufacturer’s capacity to produce a variety of power transformers and add more than 100 net new employees.

Southwest Airlines adds more flights for three major cities

ssurrett@dailymemphian.com (Sophia Surrett) — Thu, 21 Aug 2025 18:35:20 -0500

The additional flights will begin on March 6, 2026.

$50.6M in federal grants awarded to Memphis International Airport

ssurrett@dailymemphian.com (Sophia Surrett) — Wed, 20 Aug 2025 20:04:43 -0500

“Memphis International Airport isn’t just the busiest cargo airport in North America; it’s a critical gateway for passengers and businesses,” said Congressman Steve Cohen in a release. “These federal resources strengthen our economy, support jobs, and ensure Memphis remains connected as a vital hub to the rest of the world.”

Charles River Labs cuts expansion plans by $140M

damro@dailymemphian.com (Dima Amro) — Wed, 20 Aug 2025 18:24:14 -0500

The change is a result of “unforeseen regulator and economic uncertainties associated with the specialized health manufacturing industry,” according to documents.

FedEx logo will appear in end zone at Liberty Bowl

fbonner@dailymemphian.com (Frank Bonner II) — Wed, 20 Aug 2025 18:18:49 -0500

The relationship with FedEx continues to be a game-changer for a Memphis sports department looking to keep up in the new revenue-sharing era.

Late FedEx founder's son nominated to company's board of directors

ssurrett@dailymemphian.com (Sophia Surrett) — Mon, 18 Aug 2025 20:27:15 -0500

“Richard possesses extensive FedEx experience and will represent the legacy and values of his father and family on the Board of Directors,” said chairman of the board.

FedEx executive vice president to step down

ssurrett@dailymemphian.com (Sophia Surrett) — Fri, 18 Jul 2025 17:51:23 -0500

“I am confident in our strong foundation, long-term strategy, and talented team as we move forward into this next chapter,” said Raj Subramaniam, FedEx’s president and CEO.

FedEx lays off about 15 local employees

ssurrett@dailymemphian.com (Sophia Surrett) — Fri, 18 Jul 2025 05:34:28 -0500

FedEx continues layoffs in pursuit of two initiatives the company started two years ago to streamline operations and maximize efficiency.

Airport to be named after FedEx founder

ssurrett@dailymemphian.com (Sophia Surrett) — Thu, 26 Jun 2025 18:39:55 -0500

Memphis International Airport is to be renamed after Frederick W Smith, the late founder and executive chairman of FedEx.

FedEx leadership uncertain about 2026 outlook

ssurrett@dailymemphian.com (Sophia Surrett) — Wed, 25 Jun 2025 11:18:57 -0500

A moment of reflection for FedEx founder Fred Smith opened the company’s annual earnings call Tuesday, June 24.

Logistics company signs over operations to Medtronic

damro@dailymemphian.com (Dima Amro) — Wed, 25 Jun 2025 09:50:54 -0500

Airways Boulevard site will be the largest distribution center in Medtronic’s network.

FedEx Corp. appoints new board chair

ssurrett@dailymemphian.com (Sophia Surrett) — Mon, 23 Jun 2025 18:48:59 -0500

The new chair of the FedEx board was previously the interim president of the University of Memphis, CEO of Saks Inc. and the lead director of the board of Pilot Flying J.

Fred Smith upped world's expectations, all from Memphis

jroberts@dailymemphian.com (Jane Roberts) — Mon, 23 Jun 2025 05:46:11 -0500

Jack Sammons spent a portion of Saturday with the FedEx founder: “No matter how routine our regular conversations ... every time I talked to him, I felt like I was talking to Thomas Edison, an individual who changed the world.”

Memphis airport could soon bear FedEx founder's name

jroberts@dailymemphian.com (Jane Roberts) — Mon, 23 Jun 2025 05:47:21 -0500

The Memphis and Shelby County Airport Authority will introduce plan to rename Memphis’ airport in honor of the aviator, businessman and hometown hero Fred Smith.

Tennessee leaders push federal legislation to fix roads around airports

ssurrett@dailymemphian.com (Sophia Surrett) — Thu, 5 Jun 2025 17:32:16 -0500

The Don’t Miss Your Flight Act would “create a discretionary grant program” and use existing funds for improvements to road, bridge, tunnel, passenger-rail or transit projects at or within 5 miles of a public airport.

Trump tariffs concern FedEx founder Fred Smith

ssurrett@dailymemphian.com (Sophia Surrett) — Thu, 5 Jun 2025 15:14:48 -0500

Smith estimated FedEx is “the biggest tax collector of tariffs by any entity in America” based on what it is transporting.