Fred Smith, FedEx Founder and Memphis Icon, Dies at 80

1 min read
Source: The New York Times
Fred Smith, FedEx Founder and Memphis Icon, Dies at 80
Photo: The New York Times
TL;DR Summary

Fred Smith, the founder of FedEx who revolutionized overnight shipping with his hub-and-spoke model and transformed global logistics, died at 80. His vision created a new sector of the economy, and he became a highly influential business leader, with a career marked by innovation, legal challenges, and political influence.

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