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FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services. [ 3 ] [ 4 ] The company is headquartered in Memphis, Tennessee .
At the time, Federal Express was the most highly financed new company in U.S. history, in terms of venture capital. [10] Federal Express installed its first drop box in 1975 which allowed customers to drop off packages without going to a company local branch. [13] In 1976, the company became profitable with an average volume of 19,000 parcels ...
FedEx Ground, a subsidiary of the FedEx Corporation, is an American ground package delivery company headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh.The company began as Roadway Package System (RPS), founded in 1985 by transportation company Roadway Services Inc., later renamed Caliber System.
Frederick Smith was born in Marks, Mississippi, the son of James Frederick "Fred" Smith, the founder of the Toddle House restaurant chain and the Smith Motor Coach Company (renamed the Dixie Greyhound Lines after The Greyhound Corporation bought a controlling interest in 1931). [3]
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Zapmail was a service, launched in 1984 by Federal Express whereby fax transmission was offered to customers as a means to expedite delivery of documents. This was before the widespread availability and use of fax services in homes and businesses.