FedEx founder Frederick Wallace Smith, whose express shipping company revolutionized air cargo transportation and set the standard for "absolutely, positively" overnight delivery, died on June 21, ...

Revenues- FedEx Express- Package- U.S. overnight box: $2.20 billion versus $2.20 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -8% change.

FedEx deems April 17, 1973, as Federal Express’ operational birthday. Fourteen small aircraft departed Memphis and delivered 186 packages to 25 U.S. cities.