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FedEx recently celebrated the grand opening of its “Secondary 25” sorting facility at its World Hub at Memphis International Airport. The new 1.3 million-square-foot facility can handle ...
In February 2004, FedEx bought Kinko's for $2.4 billion, which then became known as FedEx Kinko's Office and Print Centers. Prior to the FedEx acquisition, most Kinko's stores were open 24 hours a day. After the acquisition, FedEx reduced the hours for many locations. On June 2, 2008, FedEx announced that they were re-branding FedEx Kinko's as ...
In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week. [17]
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Kenneth A. May is the former CEO of FedEx Office, and chairman of the March of Dimes' board of trustees. In November 2011, he was appointed president of Krispy Kreme, and later in July 2014, May became President and CEO of Topgolf International, Inc. In November 2018, May joined golf entertainment company, Drive Shack Inc. as CEO.
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