FedEx Corporation is a global logistics and transportation company headquartered in Memphis, Tennessee. Founded in 1971 by Frederick W. Smith, FedEx revolutionized the shipping industry by introducing an integrated air-to-ground system for overnight deliveries, a concept Smith developed during his time at Yale University. The company commenced operations in 1973 with a modest fleet of 14 aircraft and 389 employees. Over the years, FedEx expanded its services through strategic acquisitions, including Flying Tiger Line in 1988, Kinko's in 2004, and TNT Express in 2016, thereby enhancing its global reach and service offerings. In 2022, Raj Subramaniam succeeded Fred Smith as CEO, continuing the company's legacy of innovation and growth. FedEx now operates in over 220 countries and territories, employing hundreds of thousands of individuals worldwide. The company is renowned for its commitment to reliability, speed, and customer service in the logistics sector. Read more
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