FedEx unveils US$1bn investment in Memphis hub

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A new development project at the FedEx Express hub in Memphis, Tennessee, has been announced as part of the company’s continued investment in technology and operations to meet growing customer demand.

The project includes construction of a large new sort facility, installation of state-of-the-art sort systems in the new building, construction of a bulk truckload building and a new area to improve handling of the oversized shipments that have increased with the growth in e-commerce.

Following finalization of the project plans, construction could begin in 2019 and should be completed by 2025. Capital investment for the Memphis hub project is estimated to exceed US$1bn over a six-year period.

Frederick W Smith, FedEx chairman and CEO, commented, “I want to thank Governor Haslam and the State of Tennessee for their support of this investment in a transformational project for the FedEx Express hub in Memphis.

“Modernization and expansion of the Memphis hub will ensure that we continue to provide outstanding service to our customers around the world and make this an even better place to work for the thousands of team members here who keep our operations running every day and night.”

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Kirstie joined the team in early 2017 and brings writing, communications and client experience with her. Now an assistant editor, she produces content for our magazines and websites. Away from the office, you will find her blogging on her lifestyle website or searching the internet for photos of sausage dogs.

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