Tag Archives: FedEx Corp.

Tenn. companies make little progress on board room diversity

Regal Entertainment Group CEO Amy Miles remains the only female chief executive of a Tennessee-based public company, according to an annual report by Lipscomb University and Nashville CABLE, a diverse network of professionals.

The report “shows little progress toward gender diversity” in corporate boardrooms across the state in recent years. Since 2007 when the university researched the issue women have held between 7.9 and 8.3 percent percent of the board positions for Tennessee public companies, the report says.

The “Women in Corporate Leadership” study found that while 47 percent of the Tennessee work force was female in fiscal 2010, women held only 8 percent of the 566 public company board seats. Of the 17 new independent board directors appointed in Tennessee during fiscal 2010, only three were women.

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FedEx moving lots of holdiay cheer today

FedEx+SmartPost+to+Drive+Bu.jpgToday is THE day for FedEx Corp. as the holiday shopping season kicks into high gear.

 Monday will be the busiest day of the year for the Memphis-based package delivery company’s global network. Some 17 million shipments will be moved.

That’s twice its normal daily volume and a 75 percent jump from its high-volume mark in 2005.

It’s also good news for people looking for work. FedEx hired 20,000 seasonal workers to help handle the surge in its U.S. business.

Any way you cut it, that’s a lot of holiday cheer moving through the FedEx system.

FedEx hosts small biz Tweet Chat series

Shipping giant FedEx Corp. is going small. Starting next week the Memphis-based company will
social04_SY_13488.JPGhold a series of Tweet Chats on small business issues.

On three consecutive Thursdays, the Boost Your Small Business Tweet Chat series will feature small business experts discussing topics such as: how to recession proof your business, making advertising pay off and branding on a shoestring budget.

The first Tweet Chat is Thursday, Oct. 6 at 8 p.m. (Eastern time). Melinda Emerson, author of “Become Your Own Boss in 12 Months; A Month-by-Month Guide to a Business that Works., will provide advice on how to recession proof your small business.

To attend the chat on Twitter follow the #fedexsmallbiz hastag.

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FedEx, Foward Air looking to buy competitors?

With cash on hand and the economy growing again, a pair of Tennessee trucking companies are on the prowl for competitors they can buy, according to a recent Reuters report.

Memphis-based FedEx and Greeneville-based Forward Air are among a handful of logistics companies cited in the report as looking for growth through acquisition.

“I think we are going to see a very active consolidation wave over the next 24-36 months,” Tom Connolly, managing partner at investment banking firm Eve Partners, told Reuters.

If the consolidation speculation is right, it will boost the companies’ stock, the report says.

Read the full story here.

FedEx expects busiest day in its history next month

FedEx+SmartPost+to+Drive+Bu.jpgRecovery from the Great Recession has been slow, but holiday shopping could give the economy a good boost. FedEx Corp. said on Thursday it expects to have the busiest day in its history next month during the middle of the holiday season.

The Memphis-based package delivery company anticipates it will move almost 16 million shipments worldwide on Dec. 13. That would be 11 percent more than last year’s busiest day when it moved 14.2 million shipments, the company said.

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