Wednesday, April 17, 2013

This Day in History April 17, 1973

A31F FedEx

Going all the way back to the 1960's, Yale student Fred Smith had an idea for a shipping  company that concentrated on an updated air service that handled all shipping needs.  In 1971, this became a reality.  On this date in 1973, Federal Express began overnight operations.  Originally, they had 14 aircraft that serviced 25 major cities throughout the U.S. and 2-day shipping options.  It wasn't until 1975, that the company earned a profit. It has continued to grow and become a leader in shipping services throughout the world.

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1 comment:

  1. i wish i woudl've thought of some of this stuff!!! it is amazing that it was 2 years to before a profit. that is some dedication


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