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Fedex: investments in the Memphis Hub

(CercleFinance.com) - On Tuesday FedEx announced a new development project for its Memphis (Tennessee) hub.


This includes the construction of a major sorting plant, the installation of new state-of-the-art sorting systems and a new area to facilitate the processing of large shipments.

FedEx plans to invest over 1 billion dollars for its Memphis hub over a 6-year period from 2019 to 2025.


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