Fred Smith, FedEx Founder, Dies
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Business & Economics
FedEx founder Fred Smith, who revolutionized package delivery, dies at 80

85% Informative
FedEx Corp. founder Fred Smith revolutionized the express delivery industry in 1973 .
Smith used a business theory he came up with in college to create a delivery system based on coordinated air cargo flights centered on a main hub.
FedEx played a major role in the shift by American business and industry to a greater use of time-sensitive deliveries.
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English
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