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 ...

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 ...

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 ...

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 ...

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.

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 ...

Federal Express has begun offering expedited U.S. passport services at its 2,000 retail locations nationwide in partnership with online service RushMyPassport. The service enables procrastinating ...

FedEx’s FDX fiscal-third-quarter consolidated revenue grew 2% year over year on business-to-consumer package volume strength, partly offset by industrial sector weakness for the freight division.

FedEx Corporation FDX reported mixed second-quarter fiscal 2025 results, wherein earnings surpassed the Zacks Consensus Estimate, but revenues lagged the same. Quarterly earnings (excluding $1.02 from ...

Federal Express is increasingly seeing Amazon as a competitor in the shipping business. FedEx announced Wednesday that it is ending its ground-shipping contract with Amazon. The U.S. business world ...

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 ...