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April 6, 2022 10:11 AM, EDT

FedEx Logistics Opens Global Headquarters in Memphis

Gibson guitar factoryThe former Gibson Guitar factory in Memphis. (Adrian Sainz/AP)

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FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.

The FedEx Corp. subsidiary said the location will be its new focal point for its global operations spanning 34 countries and territories. Those operations include air and ocean cargo, warehousing and distribution, customs brokerage and trade solutions.

“FedEx is dedicated to diversity, and we are actively investing in downtown Memphis to bring jobs to the heart of our diverse city,” said Richard Smith, former president of FedEx Logistics and CEO-elect of FedEx Express. “This facility serves as another visible demonstration of our continued commitment to these principles as well as to our hometown for nearly 50 years.”

FedEx Logistics invested more than $50 million to renovate the building. The nearly 200,000-square-foot facility previously manufactured Gibson guitars. The company also announced a donation of $20,000 to Boys & Girls Clubs of Greater Memphis at the opening event.

 

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“A global leader with a reputation for excellence, FedEx continues to invest in our state and provide high-quality jobs for Tennesseans,” Tennessee Gov. Bill Lee said. “We are proud of this latest investment by FedEx in downtown Memphis and the prosperity it will bring.”

FedEx Logistics first announced that it would move its global headquarters to the new location in February 2019. The company around that time rebranded from FedEx Trade Networks. Its plan was originally to move its offices to the building beginning in April 2020.

FedEx Corp. ranks No. 2 on the Transport Topics Top 100 list of for-hire carriers in North America. — Transport Topics

 

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