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 ...

Premium international air cargo, traditionally palletized and booked by logistics companies on commercial airlines, is one of four B2B market segments parcel carrier FedEx Corp. will target for growth ...

Forbes contributors publish independent expert analyses and insights. An aerospace expert and Managing Director of The Lundquist Group. On June 21, Fred W. Smith, founder of Federal Express, passed ...

Deep inside a huge warehouse-like building on the grounds of Memphis International Airport lies the Federal Express Corp.'s "primary matrix." It is a spider web of 80 conveyor belts that churn at ...

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 ...

Revenue: Declined 1% at Federal Express; declined 2% at FedEx Freight. Adjusted EPS Outlook: Narrowed to $20 to $21 for FY25. DRIVE Savings: Achieved $390 million in Q1; expected to build throughout ...

Fred Smith died Saturday at age 80. Read Forbes’ 1977 profile of Smith, from bone cancer, to war, to the billionaires list. Frederick Wallace Smith, the billionaire founder of FedEx, passed away at ...

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 ...

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.

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