Founded in 1971: FedEx, originally known as Federal Express, was founded by Frederick W. Smith in Little Rock, Arkansas. Smith conceived the idea for FedEx in a term paper while at Yale University.
First Overnight Delivery: FedEx revolutionized the shipping industry by introducing the concept of overnight delivery. This was made possible by a centralized hub-and-spoke system, where packages were sorted at a central location and then dispatched to their destinations overnight. Here are some notable and interesting facts events and accidents involving FedEx:
FedEx and the Boeing 727 Hijacking (1980)
- Incident: In 1980, a FedEx Boeing 727 was hijacked by a former employee, Thomas D. “Tommy” W. W. O’Connor, who was armed with a gun. O’Connor had lost his job with FedEx and was seeking revenge.
- Outcome: The hijacker was eventually subdued by the crew and authorities. This incident highlighted security vulnerabilities and led to increased measures in the industry.
**2. FedEx Flight 705 Hijacking Attempt (1994)
- Incident: On April 7, 1994, FedEx Flight 705 was the target of a hijacking attempt by a disgruntled employee, Auburn Calloway. Calloway, armed with hammers and a spear gun, attempted to take over the plane.
- Outcome: The crew fought back and successfully subdued Calloway, who was later convicted. The incident resulted in changes to security protocols for air cargo operations.
**3. FedEx and TNT Express Acquisition Controversies (2016)
- Event: FedEx’s acquisition of TNT Express in 2016 was a significant move to expand its European network. The acquisition faced regulatory scrutiny and required adjustments to comply with antitrust regulations.
- Outcome: Despite initial challenges, the acquisition was completed, and FedEx integrated TNT Express into its operations, enhancing its European delivery capabilities.
**4. FedEx Vehicle Fire in Memphis (2020)
- Incident: In August 2020, a FedEx delivery truck caught fire in Memphis, Tennessee. The fire was caused by a mechanical issue and resulted in significant damage to the vehicle.
- Outcome: There were no injuries reported, but the incident led to an investigation into vehicle maintenance practices and fire safety measures.
**5. FedEx and the 2005 Hurricane Katrina Response
- Event: During Hurricane Katrina in 2005, FedEx played a crucial role in disaster relief efforts by providing logistical support and transportation for emergency supplies.
- Outcome: FedEx’s assistance was vital in delivering aid to affected areas and demonstrated the company’s capacity for crisis response and community support.
**6. FedEx’s Environmental Controversy (2019)
- Event: In 2019, FedEx faced criticism for its environmental impact, particularly concerning greenhouse gas emissions. The company was urged to take more aggressive action toward sustainability.
- Outcome: In response, FedEx committed to significant environmental goals, including achieving carbon-neutral operations by 2040 and investing in electric vehicles and renewable energy.