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- Fedex Founder Frederick Smith Passes Away | Inspiring Journey from Marine to Global Business Icon
Mumbai32 minutes ago
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Federal Warless Smith launched the Federal Express in 1973.
Fedex, one of the world’s largest logistics companies, Fedex founder and executive chairman, Frederick Warless Smith died at the age of 80.
Fedex’s CEO Raj Subramaniam has informed the company’s staff and informed about this. Frederick launched Fedex in 1973 with 389 people and 14 small plans.
The company has reached 705 aircraft, more than 2 lakh vehicles and 5,000 operating facilities today. More than 5 lakh employees handle about 1.7 crore shipments daily.
Soldier became businessman Frederick
Born in 1944, Frederick Smith worked as an American Marine Corps Officer in the Vietnam War. He then laid the foundation of the Federal Express in 1973. At that time Fedex delivered 186 package in 25 American cities. Today the company’s network is spread all over the world.
Frederick Smith started 14 small plans Federal Express in 1973.
Smith has joined 100 Greatest Living Business Mind
Frederick Smith has got a place in Forbes’s ‘100 Greatest Living Business Mind’ list. Apart from this, he has been continuously included in the list of Most Influencedian Companies and Worlds Most Admired Companies by magazines like Times, Fortune.
He was also the co-chairman of the US World War II Memorilial. He has received several international awards and honorary degrees. Along with this, he is also included in the National Aviation Hall of Fame.
Smith was identified for innovation
Frederick Smith was known for his innovation and sharp mind. In recent years, Smith was focusing on global issues such as board governance, innovation and sustainability. In 2022, he left the responsibility of CEO. Raj Subramaniam took his place.
Fedex made the largest logistics company
Frederick Smithco is not just the founder of Fedex, but is considered to be the pioneer of the entire industry. Due to their vision and leadership, Fedex is counted among the world’s most trusted and fastest delivery companies today. The company’s current CEO Raj Subramaniam said, “Fred was not just a founder of a company, but inspiration and mentor for millions of people.”
Today’s Fedex has 705 aircraft, more than 2 lakh delivery vehicles, more than 5,000 facilities, more than 5 lakh employees. The company delivers 1.7 million package daily.