FEDEX INVESTING $450M MORE IN $1B MEMPHIS HUB MODERNIZATION: During the next six years, in addition to outfitting
its hub with new technology systems, FedEx will build a new sort facility and a new bulk truckload building in response to the growth in e-commerce.
Based at the Memphis International Airport, the Memphis hub processes 47% of FedEx’s daily package volume, and the expansion should be complete in 2025.
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