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Editorial Results (free)

1. FedEx Wants to Explore ‘Final Frontier’ -

FedEx announced one of its newest – and more unusual sounding ventures – with a cheeky tweet.

“Meet the FedEx Space Solutions team,” the company declared on Twitter in recent days, formally unveiling a new venture focused on the commercial space industry. Perhaps recognizing the implications, the company concluded the tweet by promising, “Yep, you read it right!”

2. Crossroads -

After starting work as a butcher when he was just a teenager, Ron Manis began his career as a truck driver in 1979.

“I started when I was 16 years old, learning how to cut meat and, after being in that building 10 hours a day every day, I thought I wanted to do something outside and I’ve been driving a truck ever since,” Manis said. “Every time I saw one going down the road I thought to myself that I’d like to do that one day to see what it was like, seeing places I’ve never seen before, meeting interesting people.”

3. Empire Express Grows to Trucking Powerhouse -

After graduating from the University of Mississippi in 1962, Ed Gatlin started a successful automotive chemicals business.

Gatlin sold that business, Ig-lo Products Corp., to Valvoline Oil Co. in 1985 and remained as CEO for two more years. After leaving that venture, Gatlin’s desire to succeed in business burned as strong as ever and he still had a few trucks and trailers.

4. FedEx Freight Rates Increase March 31 -

FedEx Freight, a less-than-truckload subsidiary of FedEx Corp., will increase shipping rates by an average of 3.9 percent effective March 31, 2014.

5. FedEx Freight Rates to Increase March 31 -

FedEx Freight, a less-than-truckload subsidiary of FedEx Corp., will increase shipping rates by an average of 3.9 percent effective March 31, 2014.

6. Southeastern Freight Lines Taps New Account Manager -

Southeastern Freight Lines, a regional less-than-truckload transportation company, has named Austin Miller as national account manager.

7. FedEx Income Rises But Misses Estimates -

Memphis-based FedEx Corp. posted net income of $500 million, or $1.57 per share, in its fiscal second quarter, which ended Nov. 30.

8. Editorial: Logistics Remains Memphis' Bread and Butter -

Calling Memphis a “battleground” for cargo may suggest conflict to some looking from the outside into the business of logistics in Memphis.

The battleground comparison that is the billing for this year’s Southeast Freight Conference lends itself more to competition across the rail, river, road and air cargo sectors of our local economy.

9. Economist Outlines US Freight Network at Intermodal Conference -

The Intermodal Freight Transportation Institute at the University of Memphis welcomed a distinguished list of guest speakers to its seventh annual Intermodal Freight Conference at the FedEx Institute of Technology Tuesday, Sept. 24.

10. Intermodal Conference to Tackle Freight Issues -

The Intermodal Freight Transportation Institute at the University of Memphis will host its seventh annual Intermodal Freight Conference at the FedEx Institute of Technology on the University of Memphis campus Tuesday, Sept. 24.

11. FedEx Posts 7 Percent Earnings Increase -

Memphis-based FedEx Corp. posted a quarterly profit 7 percent higher than a year ago for its fiscal first quarter, ended Aug. 31.

12. Driver’s Seat -

Don Ward hasn’t been on the road in one of his trucks in about three years, but he still wouldn’t be in any other business.

13. Made in Memphis -

Memphis’ geography is limited to roughly 300 square miles, but its identity stretches beyond the city limits, resonating to the far corners of the globe.

The city’s brand has obvious cornerstones, such as its place in the nation’s cultural topography. But setting aside those no-brainers, like the rock ‘n’ roll innovator whose mansion in Whitehaven still attracts gawkers from around the world, a lot of what makes Memphis’ story is the story of what’s made in Memphis.

14. UPS Profit Falls on Shift to Lower Cost Services -

DALLAS (AP) – UPS said Tuesday that second-quarter profit fell 4 percent as customers shifted from premium toward lower-priced shipped services.

The company called the results disappointing and said it was adapting to the changing market.

15. Wunderlich Securities Begins Coverage of FedEx -

Wunderlich Securities Inc. has added FedEx Corp. to its stock coverage universe, initiating coverage of the package shipping giant with a “buy” rating and a $120 price target.

16. Congressional Delegation Tours Presidents Island -

The International Port of Memphis played host to a handful of influential guests Friday, June 21, just as the city and its partners are seeking a large federal grant to help expand the industrial area.

17. FedEx Fourth-Quarter Profit Slumps 45 Percent -

FedEx Corp. on Wednesday, June 19, reported fourth-quarter profit dropped 45 percent amid tepid economic growth and customers that chose less expensive and slower international shipping services.

18. FedEx Fourth-Quarter Profit Drops -

DALLAS (AP) — FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options.

19. FedEx Freight Raising Rates 4.5 Percent -

FedEx Corp. said its freight unit will raise rates by 4.5 percent beginning July 1.

The move follows Jan. 7 rate increases in its FedEx Express air shipment business and FedEx Ground package shipping business.

20. FedEx Freight Raising Rates 4.5 Percent -

FedEx Corp. said its freight unit will raise rates by 4.5 percent beginning July 1.

The move follows Jan. 7 rate increases in its FedEx Express air shipment business and FedEx Ground package shipping business.

21. FedEx Freight Raising Rates 4.5 Percent -

MEMPHIS (AP) – FedEx Corp. said its freight unit will raise rates by 4.5 percent beginning July 1.

22. Riding the Rails -

By some estimates, America’s railroad companies are in the midst of the largest investment boom since the Gilded Age – when America’s railroad track mileage tripled between 1860 and 1880.

This year, North American’s freight railroads plan to invest $24.5 billion in intermodal terminals, new track, bridges and tunnels, safety equipment and rail cars, according to the Association of American Railroads.

23. FedEx Misses Analysts’ Expectations -

FedEx Corp. reported third quarter earnings that missed analysts’ expectations on continued weakness in international air freight markets and customers that chose less expensive and slower shipping services.

24. FedEx Earnings Drop on Weakness in International Freight -

FedEx Corp. reported third quarter earnings that missed analysts’ expectations on continued weakness in international air freight markets and customers that chose less expensive and slower shipping services.

25. FedEx Earnings Could Indicate Shipping Trends -

NEW YORK (AP) – FedEx Corp. wants businesses and consumers to buy more express-delivery shipping services, and the company could indicate whether that’s happening yet when it reports fiscal third-quarter results before the market opens Wednesday.

26. Family Values Drive Success at United Warehouse Transportation -

United Warehouse Transportation, along with parent company United Warehouse & Transit Logistics, is riding an impressive wave of success over the past 18 months.

Near the end of 2011, UWT acquired a small local transportation company and formed United Warehouse Transportation, with projected annual revenues of $895,000. By the end of 2012, that number had grown to $6 million, and company CEO Chris Williams expects it to top $10 million by the summer.

27. Centennial on Tap for Traffic Club of Memphis -

The Traffic Club of Memphis is kick-starting its 100-year celebration with the introduction of its 2013 officers, led for the second straight year by president Mason Wilson.

The club’s activities this year will feature a series of local events, including the Traffic Club International annual conference in September.

28. Traffic Club Welcomes Witt to Kick Off Centennial Year -

The Traffic Club of Memphis kicked off the new year by welcoming Marshall Witt, senior vice president of finance for FedEx Freight, as the guest speaker at its monthly luncheon, held earlier this week at The Racquet Club of Memphis.

29. Turning the Page -

It’s that time of year again. It’s that time when journalists across the fruited plain collectively try and make God laugh – with our prognostications, of course, about the year ahead and of what might be.

30. ‘Banner Year’ for Logistics Industry -

Positive momentum far outweighed the negative in the local logistics and distribution industry during 2012, as city officials and business leaders continued elevating Memphis’s status as world logistics hub.

31. FedEx Reports 12 Percent Earnings Drop -

Memphis-based FedEx Corp. on Wednesday, Dec. 19, reported second quarter net income of $438 million, down 12 percent from last year’s $497 million. The company attributed the income drop to several factors, including weakness in global markets, higher fuel costs and disruptions resulting from Superstorm Sandy.

32. FedEx Reports Earnings Drop, Buys More Planes -

FedEx Corp. this morning reported revenue rose 5 percent to $11.1 billion for its fiscal second quarter, compared to $10.6 billion during the same period in 2011. Operating income dropped $718 million, 8 percent from $780 million last year.

33. Timely Delivery -

On Dec. 10 FedEx Corp. is expected to have its busiest day in the 40-year history of the global shipping company.

Each year, the corporation plots out the day when shipments across its portfolio of services are expected to reach their peak for the year, which always occurs during the holiday shopping season.

34. Citibank Cuts FedEx Earnings Estimates -

The string may have run out in the air cargo market, Citibank said Monday, which cut its FedEx Corp. earnings estimates for this year and next.

35. FedEx Raises Rates For Ground and Home Delivery -

MEMPHIS, Tenn. (AP) - FedEx Corp. says that it is raising its shipping rates for ground and home delivery services in January by an average of 4.9 percent.

36. Fire Suppression Systems Urged in All Cargo Planes -

WASHINGTON (AP) – The government should require fire suppression systems in all cargo containers or compartments of planes to prevent the kind of ferocious in-flight blazes that have killed four cargo pilots over the past six years, federal accident investigators said Wednesday.

37. FedEx Adds Canada to Morning Delivery Option -

FedEx Freight said Monday it has expanded its 10:30 a.m. delivery option to include Canada.

This service is now available for FedEx FreightPriority and FedEx FreightEconomy shipments to and from the U.S. and Canada, and for intra-Canada destinations, the company said.

38. State Leaders Address Lamar Congestion -

Dr. Mike Golias, an assistant professor at the University of Memphis, has been studying GPS data from trucks in the Memphis and Nashville areas to learn more about routes and the other critical issue the trucking industry faces – how long it takes to get from one place to another.

39. Hurricane Scramble -

It’s been called Frankenstorm, and from an economic standpoint it’s a perfect fit. Because by the time it’s all said and done, Hurricane Sandy likely will have taken a monster-sized bite out of the U.S. economy.

40. Smith: Woes Accelerate FedEx Change -

FedEx Corp. founder and CEO Fred Smith ended 10 hours of immersion for analysts and investors in changes at the Memphis-based corporation Wednesday, Oct. 10, by telling the group of 200, “I think maybe we arrived at a better strategy through the wrong process.”

41. FedEx Maps Out Changes for Express -

FedEx Corp. executives detailing the terms of the company’s goal of a $1.7 billion improvement in annual profitability over the next three-and-a-half years Wednesday, Oct. 10, put much of the emphasis on how FedEx is changing the way it does business.

42. Speculation Mounts for FedEx Changes -

The annual FedEx Corp. meeting with investors next month will be watched closely for what happens to FedEx Express, the oldest division of the Memphis-based company.

43. FedEx to Begin Voluntary Buyouts -

Memphis-based FedEx Corp. is preparing for a voluntary employee buyout that will likely target workers in the company’s Express and Service units.

44. FedEx to Begin Voluntary Buyouts -

Memphis-based FedEx Corp. is preparing for a voluntary employee buyout that will likely target workers in the company’s Express and Service units.

45. UPS: Global Financial Situation Getting Worse -

NEW YORK (AP) – UPS expects the global economy to get worse before it gets better. Again.

The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It predicts global trade will grow even slower than the world’s economies — a trend not seen since the recession. It’s making cuts in its business and reducing its earnings projections.

46. Firms Make Investments in Memphis Distribution -

In the past month, a pair of out-of-town firms have scooped up local distribution warehouses, growing its Memphis industrial real estate portfolio and planning for more.

Montreal-based Olymbec USA LLC recently closed on its $1.5 million purchase of 3615 Lamar Ave. from an entity affiliated with Miami-based loan servicer LNR Partners LLC.

47. FedEx Cost Reduction Gains Attention -

A few minutes into this week’s earnings conference call with analysts, FedEx Corp. founder and CEO Fred Smith used three words that came to define much of the rest of the nearly hour-long conversation – “cost reduction program.”

48. FedEx Freight Raises Domestic Rates -

FedEx Freight is raising its rates for shipments in the U.S. and between the U.S. and Canada by 6.9 percent effective July 9.

The rate hike also applies to the U.S. end of FedEx Freight shipments between the U.S. and Mexico.

49. FedEx Freight Hikes Rates 6.9 Pct. -

FedEx Freight customers will pay a higher rate starting July 9 for most shipments in North America.

The less-than-truckload carrier said Friday it is raising shipping rates 6.9 percent for shipments within the United States and between the U.S. and Canada and within Canada.

50. FedEx Corp. to Buy Brazilian Shipper -

Memphis-based FedEx Corp. is buying its authorized FedEx representative in Brazil to become part of FedEx Express.

The agreement to buy Rapidao Cometa Logistica e Transportes SA is the fifth by the Express division since February 2011 as FedEx acquires networks of existing domestic routes and services already in place in Europe and Latin America, linking them to its international transportation and logistics network.

51. FedEx to Buy Brazilian Shipper -

Memphis-based FedEx Corp. is buying its authorized FedEx representative in Brazil to become part of FedEx Express.

52. Farrisview Freight Terminal Sells for $1.7 Million -

2727 Farrisview Blvd.
Memphis, TN 38118

Sale Amount: $1.7 million

Sale Date: April 27, 2012

53. UPS Q1 Profit Up, But International Business Slows -

ATLANTA (AP) – UPS said Thursday that its first-quarter profit rose 6 percent, but the result came in below Wall Street's expectations as Asian exports and other international shipments slowed.

54. Industry Leaders Gather at Aerotropolis Conference -

A year ago this month, Memphis hosted the annual World Airport Cities Conference and Exhibition.

But Tuesday, April 10, on the University of Memphis campus, airport, economic development and logistics leaders from the area will meet to talk about the same concept that has dominated the recent World Airport Cities Conferences that were held in Beijing in 2010 and will be held this year in Denver.

55. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

56. FedEx Says Economy Isn't as Robust as It Hoped -

NEW YORK (AP) - FedEx says the global economy isn't growing as strongly as expected and customers are reacting by choosing cheaper means of shipping packages. The world's second-largest package delivery company is predicting a slower pace of growth this year for the U.S. and abroad than most economists.

57. Analysts Predict Better FedEx Earnings -

NEW YORK (AP) – Analysts predict that FedEx Corp. will report better-than-expected fiscal third-quarter earnings on Thursday, as more package shipments and higher prices offset accelerating fuel prices.

58. Former CN Chief Launches Academy -

When E. Hunter Harrison speaks to the first class of the new leadership academy Friday, March 9, at the University of Memphis Intermodal Freight Transportation Institute, it will be the first step on a path to a different kind of front office.

59. Security Measures -

One of the legacies of the 9/11 terrorist attacks a decade ago was a tightening of security in supply chain and logistics businesses.

That means knowing who is handling the cargo at all times, where it is going, why it is being shipped and who is receiving it. The tightening has evolved in that time to a move toward self-regulation among logistics and supply chain companies with an international reach.

60. 'In the Middle' -

Memphis executives and business owners moving their goods around the world this year kept a close eye on international developments like the Arab spring and the Greek government’s fiscal crisis.

61. Unfriendly Skies Looming at MEM -

For all the improvements at Memphis International Airport – most notably the air-traffic control tower that just opened and the ground transportation center under construction – the picture inside MEM isn’t as uplifting.

62. FedEx Earnings Up 76 Pct. to $497M -

FedEx Corp.’s earnings rose significantly during the quarter ended Nov. 30, spurred by a jump in e-commerce during the Thanksgiving weekend, the company has announced.

63. FedEx Earnings Up 76 Pct. to $497M -

FedEx Corp.’s earnings rose significantly during the quarter ended Nov. 30, spurred by a jump in e-commerce during the Thanksgiving weekend, the company announced Thursday, Dec. 15.

The Memphis-based company also announced a delay in the rollout of new domestic jets as it signed an order for other new jets as well as international changes to meet “weakness” in Asia.

64. FedEx to Increase Ground and Home Delivery Rates -

MEMPHIS (AP) – Shipping company FedEx says it will increase shipping rates for FedEx Ground and FedEx Home Delivery by a net average of 4.9 percent in January.

The ground and home delivery full average rate increase of 5.9 percent that goes into effect on Jan. 2 will be partially offset by a 1-percentage-point reduction in fuel surcharges. FedEx SmartPost rates also will change.

65. Railroads Avert Looming Strike -

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

66. Railroads Avert Looming Strike -

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

67. Infrastructure Needs at ‘Tipping Point’ -

U.S Rep. Steve Cohen, D-Memphis, said the nation has reached “a tipping point” in its infrastructure – the publicly funded roads, rails, runways and other facilities on which the country’s goods and services move.

68. FedEx Earnings Up, Outlook Lowered -

Memphis-based FedEx Corp. increased its earnings per share for the first quarter of the fiscal year compared to the same quarter of 2010.

69. FedEx Earnings Up, Outlook Lowered -

Memphis-based FedEx Corp. increased its earnings per share for the first quarter of the fiscal year compared to the same quarter of 2010.

70. FedEx Says Consumer Confidence Drop Behind Demand Drop In Asia -

Memphis-based FedEx Corp. increased its earnings per share for the first quarter of the fiscal year compared to the same quarter of 2010.

71. UPS Doesn't See US Headed for Another Recession -

UPS is sticking with its earnings forecast for the full year despite what it warns will be a "bumpy ride" for the global economy.

And although slowing U.S. growth and sliding consumer confidence are bringing up comparisons to 2008, the world's largest package delivery company doesn't think the U.S. is headed for another recession.

72. Analyst Cuts FedEx Rating on Slowing Growth -

An analyst lowered his rating and price target on shares of Memphis-based FedEx Corp. Tuesday, Sept. 13, on the expectation that slowing global growth will put pressure on the package delivery company’s ability to grow revenue this fiscal year and next.

73. FedEx Freight Unit Broadens Reach in Mexico -

Memphis-based FedEx Corp.’s freight division is broadening its reach into Mexico, adding three more markets.

74. FedEx Subsidiary Expands with Three New Offices -

FedEx Trade Networks, a subsidiary of FedEx Corp., has announced three new freight-forwarding offices in Europe and Asia.

75. FedEx Freight Rate Hike Coming in September -

FedEx Freight is raising its general rates for North America by 6.75 percent, effective Sept. 6.

The division of Memphis-based FedEx announced the rate increase Monday, Aug. 8, eight months after raising the shipping rates for FedEx Express and FedEx Ground.

76. FedEx Freight Rate Hike Coming In September -

FedEx Freight is raising its general rates for North America by 6.75 percent, effective Sept. 6.

The division of Memphis-based FedEx announced the rate increase Monday, Aug. 8, eight months after raising the shipping rates for FedEx Express and FedEx Ground.

77. Market Seeing Ups and Downs -

The housing market’s recovery could be another year out, commercial sales are at record highs and Memphis is back in the game of economic development.

That was the message a room full of real estate agents, appraisers and financial professionals received Wednesday, July 25, when real estate information company Chandler Reports hosted its “Master Your Market: 2nd Quarter 2011 Update,” in conjunction with the Appraisal Institute of Memphis’ 2nd Quarter membership luncheon at the University of Memphis Fogelman Executive Center, 330 Innovation Drive.

78. Bernanke, Smith Differ on Economy -

The same day that the chairman of the Federal Reserve was saying economic problems could persist into 2012, the founder of Memphis-based FedEx was telling analysts growth was on the way and the economy was through a “soft patch.”

79. Strong Q4 Positions FedEx For Growth -

FedEx Corp. beat expectations with its fourth quarter and year-end earnings report on Wednesday, June 22, as founder, chairman and CEO Fred Smith struck a decidedly optimistic tone about the economy.

80. FedEx Revenues and Net Income Up - Memphis-based FedEx posted fourth quarter revenues of $10.55 billion, an increase of 12 percent for its fiscal year that ended in May. And it reported a net income of $558 million for the quarter, up 33 percent from the year before.

81. FedEx Freight Honored for IT Work -

FedEx Freight has been honored for its operational and strategic excellence in information technology.

FedEx Freight, a division of Memphis-based FedEx Corp., has won a 2011 CIO 100 award from CIO Magazine.

82. No Octane -

Several of Memphis’ major publicly traded companies pointed to it during calls with analysts and presentations of their first quarter results.

An expected drop in automobile travel during the Memorial Day holiday weekend in Tennessee and neighboring states is expected to be influenced by it.

83. Flood Disruptions Minor for Cargo -

For a local economy built on a cornerstone of transportation and logistics, this week’s historic crest of the Mississippi River at Memphis could have been much worse.

As the waters begin to slowly recede, the companies that move goods through Memphis will continue to do what they did as the waters rose – keep ready the alternate routes worked out well in advance.

84. FedEx Trade Networks Opens More Offices Abroad -

The newest FedEx subsidiary announced Wednesday the opening of five new offices in Europe, the Middle East and Africa.

FedEx Trade Networks focuses on international ocean and air freight operations, or what is called “freight forwarding.”

85. UPS Raises Outlook While Eyeing Economic Risks -

NEW YORK (AP) – UPS expects the pace of the economic recovery to moderate because of risks like high oil prices, but remains confident it can grow earnings significantly from a year ago.

86. City Needs Flight Plan to Soar in 21st Century -

Some of the elements of an aerotropolis are already in place as work begins on a master plan for the concept.

Parts of aerotropolis planning are not complex, and other parts are already at work in Memphis simply because proximity to the airport makes sense for certain types of businesses.

87. Optimistic Outlook -

FedEx Corp. announced Thursday revenue of $9.66 billion for the quarter that ended Feb. 28. The revenue is up from $8.7 billion the previous year.

88. FedEx Reports $9.6B Quarterly Revenue -

FedEx Corp. announced Thursday revenue of $9.66 billion for the quarter that ended Feb. 28. The revenue is up from $8.7 billion the previous year.

Meanwhile, operating income of $393 million was down 6 percent from last year and the Memphis-based cargo and package giant announced a net income of $231 million for the quarter, down 3 percent from a year ago.

89. FedEx Express Adds Early Morning Delivery -

FedEx Express – a subsidiary of FedEx Corp. and the world’s largest express transportation company – is adding new services for customers including FedEx First Overnight Freight and FedEx 2Day A.M.

90. Dunavant Survey Shows Industry Confidence -

Logistics customers and the companies that move their goods around the world need to do a better job of talking to each other.

And the more specific they are with each other the more confident they both can be as they seek to back firm judgments about the economy with inventory.

91. FedEx Freight CFO Aims to Change LTL Structure -

The chief financial officer of FedEx Freight Corp. wants to try to make the LTL (less than truckload) freight business more like the package business.

92. FedEx Expands LTL Offerings -

FedEx Freight Corp. has launched its new unified less-than-truckload network, offering customers the choice of two levels of service from a single company.

93. US Airlines Make Money Again by Flying Less -

DALLAS (AP) – After a decade of multibillion-dollar losses, U.S. airlines appear to be on course to prosper for years to come for a simple reason: They are flying less.

By grounding planes and eliminating flights, airlines have cut costs and pushed fares higher. As the global economy rebounds, travel demand is rising and planes are as full as they've been in years.

94. New Tax Law Packed With Obscure Business Tax Cuts -

WASHINGTON (AP) – The massive new tax bill signed into law by President Barack Obama is filled with all kinds of holiday stocking stuffers for businesses: tax breaks for producing TV shows, grants for putting up windmills, rum subsidies for Puerto Rico and the Virgin Islands.

95. Profit Down, Revenue Up at FedEx -

FedEx Corp., the world’s second-largest package delivery company, said its profit fell 18 percent during the Memphis-based shipper’s fiscal second quarter.

96. Profit Down, Revenue Up at FedEx -

FedEx Corp., the world’s second-largest package delivery company, said its profit fell 18 percent during the Memphis-based shipper’s fiscal second quarter.

97. FedEx Raising Ground Shipping Rates -

FedEx Corp. is raising rates for ground shipping and home delivery by an average of 4.9 percent next month, in addition to the rate increases it earlier announced for its express service.

98. FedEx to Cut 200+ Ohio Jobs -

FedEx Corp. has said more than 200 jobs will be cut when it closes a shipping terminal in southwest Ohio in January.

99. Credit Suisse Upgrades FedEx on Production Outlook -

NEW YORK (AP) – FedEx Corp. shares rose Monday as a Credit Suisse analyst lifted his rating on the stock, saying growth in global industrial production is likely to help drive the shipper's performance.

100. CCIM Announces New Designees -

Memphis Metro Certified Commercial Investment Member (CCIM) leaders pinned five new chapter designees last week in Orlando, Fla., after the designees passed a comprehensive exam.

The latest additions to CCIM are Rob Downey with The ServiceMaster Co., Aaron Petree with Loeb Properties Inc., Fred Placke with Fischer & Co., Taylor Trezevant with Trezevant Realty Corp. and Mark Utley with Utley Properties.