Positive. FedEx founder Frederick Smith's legacy lives on as he revolutionized the shipping industry.

From Investing.com: 2025-06-22 02:09:00

Frederick Smith, the founder of FedEx, has passed away at the age of 77. He was known for revolutionizing the shipping industry with the creation of the overnight delivery service. Smith founded FedEx in 1971 and grew it into a global logistics giant with over $90 billion in revenue last year.



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