FedEx founder Frederick Wallace Smith, whose express shipping company revolutionized air cargo transportation and set the standard for absolutely, positively overnight delivery, died of natural causes ...

Air express delivery. Hub-and-spoke logistics. The package tracking system. These game-changing delivery innovations were introduced by Memphis, Tennesse-based delivery giant FedEx decades ago.

In 1965, Yale undergraduate Fred Smith wrote a term paper outlining a system to accommodate urgent, time-sensitive shipments—he received an average grade. After years of pursuing his idea, Federal ...

Fred Smith's innovative express shipping company revolutionized air cargo, establishing the overnight delivery standard. He built FedEx into a global shipping giant from a concept in a college term ...

FedEx Corp. is consolidating its operating companies into one organization, the No. 1 FleetOwner 500 for-hire carrier announced Wednesday at its DRIVE Investor Event. FedEx Freight will continue to ...

Andrew Harnik / AP Fred Smith, the FedEx Corp. founder who revolutionized the express delivery industry, has died, the company said. He was 80. FedEx started operating in 1973, delivering small ...

On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight ...

On April 17, 1973, 14 small aircraft departed Memphis and delivered 186 packages to 25 U.S. cities for a locally based company called Federal Express. A total of 389 employees participated in the ...

Federal Express Corp. has said it will permanently close its Lexington facility on Mercer Road effective March 3, eliminating the jobs of 122 people. The Memphis-based shipping and logistics company ...

Who owns FedEx? FedEx operates as a publicly traded company, with ownership distributed among its stockholders. Its shares trade on the New York Stock Exchange (NYSE) under the ticker symbol FDX.

Federal Lawsuit Charges FedEx With An Unlawful 100%-Healed Policy Against Drivers With Medical Restrictions MINNEAPOLIS – The Federal Express Corporation (FedEx), a global shipping and logistics ...