Legislation Could Support FedEx Hub Updates

April 25, 2019

In March 2018, FedEx’s top officials and then-Gov. Bill Haslam stood on a FedEx runway and announced the company’s planned $1 billion investment at the Memphis World Hub.

Yesterday, the Tennessee State House advanced a bill that could mean $21 million in state and local tax breaks for the Memphis-based shipping and logistics provider for its multiyear hub modernization.

Read more: https://www.bizjournals.com/memphis/news/2019/04/23/legislation-could-support-fedex-hub-updates.html?ana=smartbrief