Fred Smith, FedEx founder and parcel industry pioneer, dies at 80
Freight Waves
JUNE 21, 2025
He was a mentor to many and a source of inspiration to all. billion enterprise with the largest air cargo fleet in the world. In one instance, after a crucial business loan was denied, he took the company’s last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company’s $24,000 fuel bill.
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