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‘Memorable Milestone’: Memphis International Airport Changes Name in Honor of FedEx Pioneer Frederick Smith

The airport’s three-letter code MEM will remain unchanged as officials honor the FedEx founder and note a $700 million terminal modernization.

  • On Tuesday, Memphis International Airport officially transitioned to Frederick W. Smith International Airport during a ceremony honoring the late FedEx founder, who died in June 2025.
  • FedEx CEO and President Raj Subramaniam praised Smith for pioneering a global logistics industry over 50 years ago, transforming how business operates worldwide from his Memphis base.
  • Over 200 attendees gathered for the unveiling, including Smith family members and FedEx executives. Richard Smith said, "This means the world to us," while officials confirmed the three-letter code MEM remains unchanged.
  • FedEx is constructing a $400 million sorting facility dubbed Hercules spanning 1.6 million square feet, with the state-of-the-art facility on track to open in Fall 2026.
  • Memphis Mayor Paul Young highlighted a more than $700 million modernization of Terminal B, estimated for completion in late 2030 or early 2031, to create a memorable gateway for visitors.
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The Business Journals broke the news in Charlotte, United States on Tuesday, August 11, 2026.
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