UPS Appeals Brazil's Approval of FedEx-TNT Deal
UPS Inc. has appealed Brazil's approval of the FedEx-TNT Express deal, but the combining companies don't expect the acquisition to be delayed past June 30.
February 18, 2016FedEx to Run Memphis Johnson & Johnson Distribution Center
Johnson & Johnson is outsourcing its Memphis distribution center operation to FedEx unit Genco and says a vast majority of workers will continue to work there.
February 10, 2016FedEx Ups Game in Charitable Giving
FedEx Corp. rolled out a stronger charitable giving program, FedEx Cares, which will invest $200 million in more than 200 communities over five years.
February 8, 2016FedEx, TNT Win Brazilian Approval for Merger
FedEx's $4.8 billion takeover of TNT Express has cleared another hurdle, winning unconditional approval from authorities in Brazil, the companies said Feb. 2.
February 2, 2016FedEx Announces New Buyback of 25 Million Shares
FedEx Corp.'s board authorized a new program to buy back up to 25 million shares of common stock, the package shipping company said Jan. 26.
January 27, 2016University of Memphis, FedEx Tech Institute Launch Push Into Biologistics Research
The University of Memphis on Jan. 22 will launch the Biologistics Research Cluster, in which 16 faculty members will study the bioscience industry's transportation and logistics issues.
January 21, 2016Cargo Declines at FedEx’s Hub Airport
Memphis International Airport recorded a modest decline in cargo in November, pointing to a slight slowdown by dominant cargo handler FedEx.
December 18, 2015