TNT deal raises FedEx employment to almost 400,000

Discussion in 'The Latest FedEx Headlines' started by cheryl, May 28, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    TNT deal raises FedEx employment to almost 400,000 - Commercial Appeal

    In one fell swoop, Memphis' biggest company ballooned to nearly 400,000 employees worldwide and close to $58 billion in annual revenues.

    The jewel of FedEx's acquisition of TNT Express this week is a European road network linking 40 countries, but the heart of FedEx remains in Memphis.

    No immediate impact was foreseen on FedEx's Memphis area workforce of more than 30,000, but the company's continued growth as a force in world commerce would have a ripple effect here. FedEx is the area's largest private employer.