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1. FedEx Supply Chain Ramps Up New Medical Distribution Warehouse -

FedEx Supply Chain, formerly known as Genco, is ramping up activity at its 1.1 million-square-foot multitenant distribution warehouse on East Holmes Road. Memphis-based FedEx Corp. acquired Genco, a third-party logistics provider, for $1.4 billion in early 2015 and announced a network expansion last October.

2. Fred Smith: Expect More M&A -

FedEx Corp. president and CEO Fred Smith made a rare public appearance Wednesday, Oct. 7, to talk about the global trading economy and the future of the logistics industry.

3. The Business Case for Sustainability -

Editor’s Note: This column will appear Tuesdays throughout April in honor of Memphis and Shelby County’s Sustainability Month.

As businesses, industry, and manufacturers vie for a piece of the ever-shrinking pie, they turn toward sustainability during procurement. Companies are looking hard at their supply bases to ensure suppliers reflect their values. They ask: “From whom are we buying, and why does it matter?” “What are we buying, and why does that matter?” Companies want to know how and where suppliers present risks – environmentally, socially, economically. This new focus on supply quality helps companies focus on choosing suppliers who can be relied upon to improve the supply base’s overall performance.

4. Tech Support -

As FedEx evolved, it developed its own technologies for moving packages around the globe, such as handheld devices that scan packages. When those devices experienced problems, FedEx technicians repaired them.

5. Real Estate Rally -

Commercial real estate can offer insight into the strength of the local economy. Through the office, retail, industrial and apartment developments that mark the region the economy at work in the real world can be seen.

6. Incentive Applications Lag Previous Years -

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

7. 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.”

8. 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.

9. 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.

10. 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.

11. Firm Selected to Market Mall of Memphis Site -

The local office of Jones Lang LaSalle has been selected to market the former Mall of Memphis property for industrial tenants.

Johnson Development Associates Inc. closed in April on the 113-acre site in the southwest quadrant of Interstate 240 and Perkins Road for $2.7 million. The Spartanburg, S.C.-based developer plans to build an industrial park called Aerotropolis Logistics Park that can accommodate two or more speculative or build-to-suit facilities of up to 1.2 million square feet.

12. Mallory’s Career Prepares Him for Logistics Council -

When W. Neely Mallory III learned in late July that he had been appointed chairman of the Greater Memphis Chamber’s Regional Logistics Council, he was honored to assume that leadership role, he said.

13. Ambassador Stresses Singapore’s Trade Importance -

When David Adelman, the U.S. ambassador to Singapore came to Memphis this month, there was more than a little interest from FedEx Corp. in his visit.

14. Lean Supply Chain Process Taking Root -

When Toyota Motor Corp. began making its cars and moving the parts for them as well as the cars to market in a different way than its rivals in the auto industry, it changed the concept of a supply chain.

15. 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.

16. Holmes Road Acreage, Lots Sell for $1.6M in Foreclosure -

Property on Holmes Road
Memphis, TN 38109

Sale Amount: $1.6 million

Sale Date: Nov. 18, 2011

Buyer: Renasant Bank

17. FedEx-Leased Building Financed for $9.9M -

Monmouth Real Estate Investment Corp. has filed a $9.9 million trust deed through First SunAmerica Life Insurance Co. for a warehouse at 5025 Tuggle Road occupied by FedEx Global Supply Chain Services Inc.

18. Memphis Cos. Seek Emerging Markets -

Executives at the Memphis headquarters of International Paper Co. like to recount the corporate giant’s experience in Russia in the 1990s.

19. FedEx Braces for Busiest Day in History -

FedEx Corp.’s busiest day in company history is coming up next week, a milestone driven largely by e-commerce.

20. FedEx Leader Schmitt Leaves Memphis -

After calling Memphis home for 12 years, FedEx executive Tom Schmitt is heading north to take a new job in Toronto as president and CEO of Purolator, Canada’s largest parcel transportation company.

21. Schmitt Stepping Down as SVP of FedEx Solutions -

After calling Memphis home for 12 years, FedEx executive Tom Schmitt is heading north to take a new job in Toronto as president and CEO of Purolator, Canada’s largest parcel transportation company.

22. Cautious Optimism -

Industrial real estate, which thrives whenever companies choose one of the city’s numerous warehouses and distribution centers to store their goods, plays a significant role in Memphis’ economy.

So as the recession improves and consumerism rebounds, the industrial sector is bound to show improvement as will the city’s financial climate.

23. UPS Optimistic About Economic Recovery -

ATLANTA (AP) – Improving global economies helped shipping giant UPS boost its first-quarter profit and its prospects for the rest of the year, although a growing number of customers are choosing less-expensive options when sending packages.

24. Cargo Security Gets Its Due At Seminars -

Millions of cargo containers crisscross Memphis and the surrounding area each year.

Shipped via all modes of transportation and filled with all kinds of goods, containers have become a symbol of the city’s economy and its role as a global distribution hub.

25. N.J. Company Buys FedEx Global Supply Building -

Another out-of-town company has discovered the value of Memphis’ commercial real estate with a multimillion-dollar investment in the city.

Freehold, N.J.-based Monmouth Real Estate Investment Corp. has bought the 449,262-square-foot, Class A warehouse at 5025 Tuggle Road for $14.6 million. The facility, which just underwent a $1 million expansion, is 100 percent leased by FedEx Global Supply Chain Services Inc.

26. Building America’s Aerotropolis – It’s the Right Growth -

Tom Schmitt chairs the Greater Memphis Chamber’s board of directors and is president and CEO of FedEx Global Supply Chain Services.

27. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

28. Taking Off -

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

29. Diversified Interests Keep Commercial Builders Afloat -

Fewer cranes. Fewer steel girders. Fewer concrete mixers.

Outside a handful of high-profile projects in the past year, the commercial construction market – much like its residential counterpart – has been marked by a lack of activity in Shelby County, as the tightened lending landscape crippled the industry.

30. Dunavant Subsidiary Joins Ranks Of Green Logistics Firms -

A Memphis-based third-party logistics firm has turned a rebranding campaign into a way to reinvent the way it does business.

Centrix Logistics, a wholly owned subsidiary of cotton company Dunavant Enterprises Inc., has joined the SmartWay Transport Partnership, a collaboration between the U.S. Environmental Protection Agency and the transportation industry to increase fuel efficiency and reduce carbon emissions along the global supply chain.

31. FedEx Company Anticipates Recovery With Expansion -

At a time when many companies are putting the brakes on large-scale projects, FedEx Global Supply Chain Services Inc. is undertaking a $1 million expansion and renovation of its warehouse at 5025 Tuggle Road in Oakhaven/Parkway Village, a facility it will fully occupy once the work is complete.

32. Collier Lincoln Mercury Dealership Sold Back to Bank -

2177 Covington Pike
Memphis, TN 38128
Sale Amount: $2.5 Million

Sale Date: May 22, 2009
Buyer: First Tennessee Bank NA
Seller: LaToya L. Williams, substitute trustee

33. FedEx Warehouse Slated for Renovation -

The FedEx Global Supply Chain Services Inc. warehouse at 5025 Tuggle Road in Oakhaven/Parkway Village will undergo a $1 million renovation, according to a building permit filed with the city-county Office of Construction Code Enforcement. The owner of the building, The Harbin Group, filed the permit last week.

34. Conference to Showcase Transportation Info -

For the third year in a row, Memphis will take center stage among the logistics, distribution and transportation industries when the city hosts the Memphis Multi Modal Conference May 11-12.

The event, titled “Global Logistics and the Global Economy,” will be held at The Peabody hotel and draw a national and international attendance. It once again is sponsored by the Memphis World Trade Club, which began hosting the event in 2007 as a way to showcase the city’s advantages for moving freight.

35. Events -

Westminster Academy will host a mini-open house for parents of prospective students today from 10 a.m. to 11 a.m. at its campus, 2500 Ridgeway Road. Parents will have the opportunity to tour the campus and learn about Westminster’s educational opportunities. Westminster offers classical Christian education for kindergarten through 12th grade. For more information, call 380-9192 or visit www.wamemphis.com.

36. Memphis Logistics Defies Storms, Stays on Top -

This past year was a mixed bag for the logistics and distribution industries, with a smattering of good news and bad news throughout 2008.

Mother Nature made perhaps the biggest impact of the year when devastating storms ripped through the area’s warehouse district Feb. 5, damaging distribution centers and forcing companies to find new storage places.

37. Warehousing Sector Reacts to Retail Woes -

The economic slowdown is taking its toll on Memphis businesses in the form of layoffs and store closures, sagging real estate values and rising foreclosures. But the logistics and distribution industries are weathering the storm as well as any sector – for now, at least.

38. Delta Chief Chats Up Merger With NWA -

Memphis will be an integral hub in the combined network of Delta and Northwest airlines following a proposed merger between the two companies, Delta CEO Richard Anderson told a packed house Thursday morning at the Holiday Inn-University of Memphis.

39. Conference To Provide Fuel For Transport Future -

The Memphis World Trade Club will continue the momentum of its inaugural event of a year ago by hosting the second annual Memphis Multi Modal Conference March 19 and 20 at The Peabody hotel.

The first day's event is a cocktail reception at 6 p.m. followed by a selection of speakers the next day from 8 a.m. to 4 p.m.

40. Events -

The Memphis Regional Chamber will present its Breakfast Forum '08 today from 7:30 a.m. to 9 a.m. at the Hilton Memphis hotel, 939 Ridge Lake Blvd. Tom Schmitt, the 2008 chamber chair and the president and CEO of FedEx Global Supply Chain Services, will present "Moving the Needle on Memphis!" The cost is $20 for chamber members and $30 for nonmembers. Reservations should be made by calling 543-3518 or e-mailing emilford@memphischamber.com.

41. Events -

The Memphis Rotary Club will meet today at noon in Ballroom B of the Memphis Cook Convention Center, 255 N. Main St. A lunch buffet costs $18. Memphis Mayor Willie Herenton will give his annual State of the City Address. Reservations should be made to Taylor Hughes at 526-1318 or taylor@memphisrotary.org.

42. Events -

Rhodes College will present Dr. Nel Noddings, who will speak on "The Problems of School Reform," based on her book "When School Reform Goes Wrong," today at 7 p.m. in the McCallum Ballroom of the Bryan Campus Life Center. The event is free and open to the public. For more information, call Patrick Shade at 843-3935.

43. Touch and Go -

What's in a name?

An out-of-town company answered that ageless question by choosing a moniker that taps into the city's burgeoning "aerotropolis" concept, in which Memphis International Airport serves as a hub of business, retail and other activity sprouting up around it.

44. FedEx, Commerce Dept.Team to Boost Exports -      FedEx Corp. and the Commerce Department's U.S. Commercial Service announced Wednesday a five-year agreement aimed at boosting exports from U.S. businesses. The agreement is designed to help simplify the complexity of int

45. GM Names FedExSupplier of the Year -      FedEx Global Supply Chain Services has been presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class logistics services.

46. Collierville Chamber HostsAnnual Membership Dinner -      The Collierville Chamber of Commerce will host its annual membership dinner March 27 at 6:30 p.m. at Woodland Hills Country Club, 10000 Woodland Hills Drive in Cordova.
     Chamber chairman

47. To Lead is to Serve and to Do Either Is to Be Simple -

When poet, memoirist and cultural icon Maya Angelou visited Memphis last spring, she brought her regal bearing with her.

Before a room full of admirers at The Cannon Center for the Performing Arts, the 78-year-old Pulitzer Prize winner recounted some of the many obstacles she's faced in life. Abandonment. Sexual assault. Poverty. Exclusion. Discrimination.

48. European Trust BuysAirport-Area Warehouses -      A European trust has bought into the Memphis market with the purchase of nine buildings totaling more than 1.1 million square feet of warehouse space in Memphis International Airport Center. New York-based real estate ad

49. Park Alliance Changes Name, Elects New Board, Restructures -      The Shelby Farms Park Alliance - formerly known as the Friends of Shelby Farms Park - has restructured its organization and elected a new board of directors, spanning the top talent of many local businesses and civic org

50. Archived Article: Daily Digest - FedEx division

FedEx division

earns GM award

FedEx Supply Chain Services, a FedEx Corp. company that provides supply-chain management solutions, has earned a General Motors Supplier of the Year award for its overall business performance in ...

51. Archived Article: Fedex P - FedEx to acquire Fritz assets FedEx to acquire Fritz assets Tower Group International Inc., a subsidiary of FedEx Trade Networks Inc., has agreed to acquire the express customs clearance operations of Fritz Cos. Inc., in four United States locations...

52. Archived Article: Fedex Af P.2 - FedEx buys American Freightways FedEx buys American Freightways FedEx Corp. is buying American Freightways for $950 million in cash and stock in a move that would expand FedEx's next-day ground freight delivery capability. FedEx already owns Viking ...

53. Archived Article: Fedex P.2 - FedEx launches air/ground attack with NFL sponsorship FedEx launches air/ground attack with NFL sponsorship FedEx Corp., a global provider of transportation, logistics, e-commerce and supply-chain management services, will become the ``Official Worl...

54. Archived Article: Fedex P.2 - FedEx chooses Va FedEx chooses Va. to locate subsidiary FedEx Logistics Inc. announced its subsidiary, FedEx Supply Chain Services, a third party provider of integrated supply chain solutions, will establish a headquarters facility in Chantilly, Va....

55. Archived Article: Tech Briefs - Firstdoor Firstdoor.com, an emerging online provider of employee benefits and human resources management information and services, finalized an agreement with The Bureau of National Affairs Inc., a leader in specialized news and information. The par...

56. Archived Article: Back - FDX expands e-commerce solutions FDX expands e-commerce solutions with multi-carrier shipping system FDX Corp. has introduced FDX PowerShip mc, a multi-carrier electronic shipping system that will be offered free to medium- and large-volume shippers...

57. Archived Article: Fedex Acquires Caliber Lj - By LAURIE JOHNSON FedEx to purchase Caliber System Inc. The transaction, which includes package carrier RPS, will create a $15 billion global transportation and logistics company By LAURIE JOHNSON The Daily News Federal Express Corp. and Caliber Sys...