Frederick W. Smith, founder and longtime chairman of FedEx, transformed the logistics industry before his passing on June 21, 2025. A Marine Corps veteran, Smith identified inefficiencies in supply chains and pioneered an integrated, time-definite delivery system, making overnight shipping a reality. He introduced real-time package tracking, elevating customer expectations and transparency. Smith emphasized FedEx’s role as a neutral platform for commerce while advocating for sustainability and innovative technologies. His “People, Service, Profit” philosophy shaped corporate culture, ensuring FedEx’s resilience and operational success.

Source: https://www.stattimes.com/latest-news/remembering-fred-smith-the-man-who-delivered-the-future-1355626