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Frederick W. Smith

Federal
Express, #70 on the 2006 Fortune 100 list, is the result of an idea originating from a young entrepreneur named Frederick W. Smith and was incorporated in 1971. Federal Express, an air courier service specializing in overnight delivery of high priority packages and documents, was the pioneer company of the overnight air expressindustry. Frederick was born into an affluent family and well educated at Yale University. During his time at Yale, he expressed his vision of the Federal Express Company in a paper he was required to write for his Bachelor's Degree in Economics. After serving in Vietnam and receiving an honorable discharge from the US Marines, full of energy, determination and courage, Frederick took the idea first presented in his term paper and risked his entire inheritance and savings to start the company. More information about Federal Express and its founder, Frederick W. Smith, can be found at www.fedex.com and www.fundinguniverse.com/company-histories/FedEx-Corporation-
Company-History.html

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Q: When was federal express started?
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