Tagged: Fedex Corp.

FedEx Investing $1B to Modernize Memphis Hub

FedEx Investing $1B to Modernize Memphis Hub

Transportation

FedEx says it is investing more than $1 billion to modernize its Tennessee hub, in a move the shipping giant says will improve its efficiency and reliability as it delivers packages throughout the world. read more >

Customer Demand Drives Final Mile Industry

Customer Demand Drives Final Mile Industry

Technology & TelecomTransportationCover StoryMovers & Shakers

The “final mile” of shipping items purchased online — experts call it a $13 billion market — is tantalizing for shippers even as it is putting pressure on retailers’ margins. read more >

FedEx Says It Can Grow By Cutting Costs

FedEx Says It Can Grow By Cutting Costs

Transportation

The world's second-largest package delivery company, a bellwether for economic health, lowered its economic forecast for the U.S., saying there remains a lot of uncertainty for the country. read more >