The businesses associated with the Memphis International Airport are typically FedEx and Delta Airlines, but another company is leaving an indelible imprint on the major airport.
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eBay founder Pierre Omidyar is financing a universal basic income …QuartzThe idea of a universal basic income, a guaranteed minimum payment for all citizens, is gaining momentum as a potential solution for an increasingly stratified …and more » More: continued here
(Reuters) – Package delivery company FedEx Corp (FDX.N) is in talks to buy Dutch logistics company TNT Express (TNTE.AS) to expand package deliveries in Europe, Bloomberg reported, citing people familiar … More: continued here
FedEx is cutting its fourth-quarter guidance, blaming a steep increase in fuel costs. The Memphis, Tenn.-based shipping company says it now expects to post a fourth-quarter profit of $1.45 to $1.50 per share, down from its previous prediction of $1.60 to $1.80 per share. More: continued here
FedEx Express and Modec have introduced 10 new electric commercial vehicles for use in the United Kingdom. The vehicles, designed for commercial operation in urban environments, will travel an average of 13,725 miles in a year. More: continued here
EquaShip, the new parcel carrier competing with FedEx and UPS for millions of small to medium-sized e-commerce sellers, is scheduled to roll out its national service by the beginning of Q4, 2011. … More: continued here
A FedEx truck ran off a Chesapeake road and crashed Friday afternoon, killing the passenger. More: continued here