FedEx Logistics to move global HQ in Memphis to old Gibson Guitar factory

· Tuesday, February 12, 2019

A rendering of FedEx Logistics’ new HQ: (Photo: FedEx)

FedEx Logistics, a subsidiary of FedEx Corp. (NYSE:FDX), said today it will move its global headquarters in April 2020 to the former Gibson Guitar factory building in downtown Memphis. The move will consolidate multiple locations and nearly 700 team members into the new location over the next several years, said the unit, which was rebranded in January from FedEx Trade Networks.

FedEx Logistics has executed a multi-year lease to move its offices to the building. The unit will expand the size to 200,000 square feet from 154,000 square feet by adding a mezzanine to the structure.

FedEx Logistics’ rebranding was implemented because the new name better describes the company’s efforts to meet increasingly complex and industry-specific supply chain, transportation, value-added services, and brokerage needs, the unit said.

Mark Solomon

Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. Over the course of his career, Solomon has covered nearly the whole gamut of the transportation and logistics industry, including trucking, railroads, maritime, 3PLs, and regulatory issues. Solomon witnessed and narrated the rise of Amazon and XPO Logistics and the shift of the U.S. Postal Service from a mail-focused service to parcel, as well as the exponential, e-commerce-driven growth of warehouse square footage and omnichannel fulfillment.