FedEx is closing hundreds of shipping centers nationwide as part of its Network 2.0 plan. This consolidation effort is expected to eliminate over 200 locations by the end of 2027. The company is also laying off more than 160 workers in New York due to these closures. This contrasts with a significant $18 million expansion of its Memphis hub. FedEx is investing in cost-cutting measures to maintain profitability.
Memphis, Tennessee
https://www.inc.com/amaya-nichole/fedex-closing-shipping-centers-doomed-locations-2026/91381130