Fedex Hums Along Near Full Capacity Despite Amazon Split

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Fedex Hums Along Near Full Capacity Despite Amazon Split Public Records & Notices View a complete day’s public records and notices at memphisdailynews.com. www.chandlerreports.com Wednesday, December 4, 2019 MemphisDailyNews.com Vol. 134 | No. 192 Rack–50¢/Delivery–39¢ Homicide victims remembered at ‘Season of Remembrance’ event YOLANDA JONES us without warning.” Captain D’s restaurant, was not event to recognize those who lost Christmas ornaments -- some Courtesy of The Daily Memphian “She was so sweet,” said Bria’s found until three days after her those lives to violence. store-bought and others home- Monday evening’s “Season of uncle, James Isaac. “We’ve been death in her Midtown apartment. Now in its ninth year, the cer- made -- and placed them on a Remembrance” ceremony was coming to this since she was mur- She was still wearing her Captain emony was held at Memphis City Christmas tree or wreaths. the third attended by Bria Isaac’s dered because it helps with our D’s uniform. Hall. Weirich and her staff invited “For those of you who have family. broken hearts.” Isaac was one of 109 victims the families and friends of homi- been here before, welcome back,” More than a dozen of her fami- Bria Isaac was shot and killed whose names were read aloud cide victims. It brings together Weirich said to the standing room ly members wore red or pink hood- in 2016 by her boyfriend. The during the ceremony, which is those who have lost someone both only crowd. “If this is your first ies with her picture on the front 28-year-old, who worked two Shelby County District Attorney this year and in previous years. and a poem that began: “You left jobs at Roses Discount store and General Amy Weirich’s annual Those attending brought REMEMBRANCE CONTINUED ON P2 shipping companies, between Thanksgiving and New Year, also promises to stress test the responses of FedEx and other industry players to the rise of FedEx hums along near full Amazon’s in-house logistics and delivery network. FedEx stopped carrying packages for Amazon in recent months, prompting Amazon to give more volume to UPS. Meanwhile, Amazon is expected to capacity despite Amazon split more than double its 2018 in-house delivery volume. Amazon, the U.S. Postal Service, UPS and FedEx will deliver more than 2.2 billion packages to U.S. ad- dresses between Thanksgiving and Dec. 31, a peak season that’s six days shorter than last year, because of a late Thanksgiving. The loss of Amazon business is considered a short-term drag on FedEx earnings, but FedEx has promised to replace the volume by serving other customers. A FedEx official said Monday the company en- tered peak season running at almost full capacity, even without Amazon.“We have said that today, for example, we expect 33 million packages, which is more than double our average daily volume,” said Patrick Fitzgerald, FedEx senior vice president of integrated marketing and communications.“We expect the other two Mondays in the peak period to be records. Today and the other Mondays could potentially be the busiest days in the history of Fe- dEx,” Fitzgerald said. “There is no lack of demand across this global e-commerce market and especially during peak when demand goes so high, it’s really just a matter of the capacity that might have gone to a customer like that (Amazon) is then open for other customers who are experiencing this surge in demand during the holidays,” Fitzgerald said.Fitzgerald said peak season requires “planning and execution at near maximum capacity. We really do have to make sure we protect service for all of our customers. But we A FedEx Ground employee monitors the seemingly never-ending conveyer belt of packages ripping through the FedEx Ground are operating at near capacity levels and maintain- hub in Olive Branch, Mississippi, on Dec.2. (Patrick Lantrip/Courtesy of The Daily Memphian) ing outstanding service, so no one customer is going to affect the forecast that significantly.” WAYNE RISHER The Memphis-based company ex- Monday was FedEx’s first milepost Early indicators were the holiday shopping sea- Courtesy of The Daily Memphian pected to handle more than 33 million in a 2019 holiday shipping season that son got off to a strong start. Adobe Analytics said FedEx posted a potential all-time shipments on Cyber Monday, the first brings new Sunday deliveries, growing consumer spending was up double digits starting volume record Monday, Dec. 2 after a of three December Mondays with more emphasis on e-commerce and oversize last Wednesday, with Wednesday and Friday posting long weekend of online shopping more than double the daily average of 15 mil- shipments, and more retail touch points. FEDEX CONTINUED ON P3 than doubled its usual workload. lion shipments. The busiest period of the year for INSIDE Public Records ................ 4 Public Notices ............... 12 memphisdailynews.com chandlerreports.com Business and marriage licenses are ©2019 The Daily News Publishing Company A division of The Daily News Publishing Company unavailable while Shelby County Memphis, Tennessee The standard for premium real estate Established 1886 • 134th year information since 1968 Clerk’s O ce reviews internal policies Call 901.523.1561 to subscribe Call 901.458.6419 for more information for its digital platforms. Page 2 MemphisDailyNews.com Wednesday, December 4, 2019 Low inventory, strong pricing mark 2019 residential market in Arlington, Lakeland MICHAEL WADDELL all of those lots,” Swink said.The company’s Courtesy of The Daily Memphian 193-acre Lakeland Meadows will include Developers and builders say they’re 367 lots and is anticipated to take five to seeing continued strong demand for new six years to build out. homes in Lakeland and Arlington, a trend “That project is about to begin con- Contractor William Shannan, with All Trim Inc., installs shutters on a home in Kensington likely to continue for the foreseeable future. struction, quite frankly, as soon as we get a Manor across from Lakeland City Hall on Friday, Nov. 22. (Mark Weber/Courtesy of The Daily Memphian) Both municipalities have issued an in- couple of days of dry weather,” Swink said. creased number of residential homebuild- “And we’re in the final stages of the plan- ing permits this year, with Lakeland already ning for Lakeland Green, a unique project homes sold in 2018 to 87 homes sold this they’re finished,” said Keith Grant, who topping 80. That number is up from 52 all of that will be adjacent to the middle school year. The average sales price for the new cites schools, stable politics and family en- last year, 50 in 2017 and 21 in 2016. and the new high school.” homes sold in 2019 is up 5.6%, from $354,000 vironment as key ingredients to the town’s The 81-lot first phase of the traditional to $374,000.“This has been the trend since appeal.“We recently sold a home in White Lakeland neighborhood design will feature rear- 2012, with the average sales price going up,” Oak for the highest price that we’ve sold in “Home sales are absolutely amazing in loaded garages, and the homes will all face said John Moultrie, partner with Arling- Arlington, at $515,000, so we’re continuing Lakeland. People are really wanting to be in common open space, including a lake and ton-based Enterprise Realtors. “As of this to see pricing remaining very strong.” that area,” said Renaissance Development a large park. Lakeland Green, which could morning, there are only 33 houses avail- Grant estimates his company will end Co. president Doug Swink. The Eads-based end up spanning 3,000 lots, will incorporate able in all of Arlington to purchase – that’s up closing about 80 homes between the two company is involved with multiple projects a two-mile trail system.Renaissance is also all price ranges. That’s basically the lowest projects this year.“At Myers Park, we’re do- in Lakeland. developing Kensington Manor, a 103-lot, level of supply that we’ve had in the past ing the land development, and the rain’s just “What I hear over and over again is that single-family home subdivision across the two decades.”Seven homes are available in killed us this year,” Grant said. people are just in love with the school dis- street from Lakeland City Hall. Arlington priced under $300,000. “So we’re way behind on it, and we won’t trict,” Swink said.Renaissance began a part- The project is the site of the 2020 St. Jude Arlington is on pace to meet or exceed be delivering product there until summer of nership this year with Regency Homebuild- Dream Home, which is under construction. last year’s mark of 121 permits, up from next year. We’re probably six months behind ers to help with many of its developments. The number of new homes sold year-to-date 110 in 2017 and about 70 each in 2015 and on average right now on our land develop- The developer recently wrapped up in Lakeland is up 115%, from 13 in 2018 to 2016. Developer and builder Grant & Co. is ment side just because of weather.”Grant site work on Winstead Farms West, where 28 this year, with the average sales price in- one of the busiest companies in the town, & Co. controls about 750 developable Regency is steadily building houses and is creasing 2.5% this year to $445,000. with three projects underway – the 550- lots in Arlington.Moultrie expects to see pleased with the rate at which the homes home The Villages at White Oak, the 162- many more years of continued growth in are selling.
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