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FedEx's first van displayed at the FedEx World Headquarters. The company was founded in Little Rock, Arkansas in 1971 as Federal Express Corporation by Frederick W. Smith, a graduate of Yale University. He drew up the company's concept in a term paper at Yale, in which he called for a system specifically designed for urgent deliveries.
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Frederick W. Smith. Frederick Wallace Smith (born August 11, 1944) is an American business magnate and investor. He is the founder and chairman of FedEx Corporation, the world's largest transportation company. On June 1, 2022, Smith stepped down as CEO to become executive chairman, and was replaced by Raj Subramaniam. [ 1]
FedEx Feeder is the branding applied to smaller FedEx Express propeller-driven aircraft that feed packages to and from airports served by larger jet aircraft. In the United States, FedEx Express operates FedEx Feeder on a dry lease program where contractors rent aircraft from FedEx to operate routes as assigned by the company.
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