The foundation of the company was laid by Frederick W. Smith, who invented a system to address logistic challenges and accommodate time-sensitive shipments, for instance, in IT, electronics, or medicine. He was the first to propose new practices for revolutionizing the postal sphere.
- In 1973, the company appeared: it had 389 team members, and 14 planes at its disposal. Within a couple of years, Fed ex Smartpost became the number one carrier of high-priority packages and set the industry standards.
- In 1970s, it was the leader in air cargo delivery, and now it also has the largest air fleet.
- The company managed to reach $1 bln revenue by 1983.
- Intercontinental delivery began in 1984 – parcels were sent to Europe and Asia.
- In 1994, the carrier was renamed, and a year later, it became the only US all-cargo carrier that delivered goods to China. Its global coverage continued to expand due to the acquisition of different postal companies, including Roberts Express, Caribbean Transportation Services, Caliber Logistics and Caliber Technology, RPS, and many other companies.
Constant development enabled the company to ensure coverage of 220 countries worldwide and provide all essential services, including Smartpost, international shipping, etc.
