FedEx founder Frederick W Smith dies at 80; CEO Raj Subramaniam issues statement

Frederick W. Smith, the founder of FedEx, passed away at 80, leaving behind a transformative legacy in the logistics industry. Smith's innovative concept of overnight delivery revolutionized global commerce, establishing FedEx as a recognizable brand. His vision, born from a college term paper, overcame initial skepticism to reshape air cargo delivery and foster international trade.

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