FedEx's Challenger 300 returns to Memphis hours after FedEx Supply Chain sale reports

FedEx's Bombardier Challenger 300 (N43FE) was tracked departing 3VA0 in New Jersey at 17:15 UTC on July 1, 2026, and arriving at KMEM (Memphis International Airport) roughly 1 hour and 37 minutes later at 18:52 UTC. The aircraft had visited Memphis on nine of the prior thirteen tracked segments, marking a fairly typical shuttle from the Mid-Atlantic back to Tennessee.

If Raj Subramaniam was aboard, he would land back at headquarters the same week reports surfaced that French shipping group CMA CGM is nearing a $1.4 billion deal to acquire FedEx's third-party logistics unit, FedEx Supply Chain, as reported by Reuters and the Financial Times on June 30. The trip also follows the completion of the FedEx Freight spin-off on June 1 and coincides with ongoing pressure from U.S. Treasury Secretary Janet Yellen — covered by Washington365 on June 30 — demanding FedEx show how tariff savings from suspended Chinese import duties will reach consumers, not just shareholders.

The Challenger 300 — operated separately from FedEx's 700-plus cargo fleet — has been the preferred executive shuttle this quarter, with repeated routing between KMEM and New Jersey airfields (40.80,-74.41 and 40.49,-80.22). FedEx declined comment on the CMA CGM talks outside regular business hours.