The winter blast that has frozen much of Tennessee is also slowing down movement of the COVID-19 vaccine nationwide. Memphis-based FedEx says it is sending some shipments through “secondary hubs” that are less impacted by the storm.
FedEx Preps For Big Year Playing Santa As Holiday Shopping Moves Online
Memphis-based FedEx plans to handle 22 million packages on its busiest day this year, according to an announcement made by the company.
FedEx Earnings Hurt by Asian Weakness
The Memphis-based shipping giant says it made $361 million in the third quarter—down 31 percent from a year ago. Executives blame the latest drop on weak demand for international express shipments.
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