Category Archives: Yale

The History of FedEx

So legend has it although some debate it that while in college Fred Smith came up with the idea to streamline the transportation of parcels in the U.S. Smith came up with a plan that made the movement quicker and more efficient………he started the company in Little Rock, Arkansas…but the airport there didn’t help him out…so he moved the company to Memphis, Tennessee….airport…and the company was off….he started off with 14 small jets that he used to transport the packages…the company had financial problems as well but kept on going…and finally with the help of some bigger banks re-capitalized the company and made it into what it is today…even when the company made mistakes…at the helm he would re-correct the course of the company..and now 1000’s of people are gainfully employed..by this great man and his idea……enjoying reading about the history of fedex…click the link.