Frederick W. Smith, who founded FedEx and revolutionized express delivery, died on June 21 at 80. While in college, he conceived of a shipping business that would utilize planes for timely deliveries in a paper that, despite earning a 'gentlemanly C,' laid the groundwork for his vision. He implemented a hub-and-spoke model that became essential for FedEx, which he launched in 1973. Under his leadership, FedEx grew to employ over 500,000 people, delivering over 17 million shipments daily, including 300 million COVID-19 vaccines at the pandemic's peak.
"You're delivering the most important commerce in the history of the world; it shapes lives and communities every day."
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