FedEx Founder Fred Smith, a Shipping Industry Pioneer, Dies at 80
TL;DR Summary
Fred Smith, the founder of FedEx who revolutionized express package delivery and built a global logistics empire, has died at age 80. His innovative hub-and-spokes system transformed American business logistics and made FedEx a vital economic player. Smith, a Marine veteran and Yale graduate, was known for his low-profile philanthropy and dedication to Memphis, leaving a lasting legacy in both industry and community.
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