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Fred Smith history
Fred Smith company history timeline
Looks east to Asia in 1989 with the $880 million purchase of the Flying Tiger cargo line.
In 1994 the company changed its name to FedEx.
Over the following decade Jobs built Pixar into a major animation studio that, among other achievements, produced the first full-length feature film to be completely computer-animated, Toy Story, in 1995.
By 1997 FedEx employed 120,000 employees worldwide; delivered an average of 2.5 million packages a day in 211 countries and territories through one of its 37,000 trucks; and had made Smith one of the four hundred wealthiest people in the world.
In 1998 introduces the only next-business-day express cargo service from Asia to the United States It pays off.
In 1998 FedEx formed the FDX Company, which served as a holding company that oversaw both domestic and international operations of the organization.
By 1999 FedEx was shipping three million packages every day with annual sales totaling $16.7 billion.
Hirschman, Dave, "FedEx Founder Has Been a Vocal Critic of Postal Service," Knight Ridder–Tribune Business News , September 11, 2000.
In 2003 Jobs was diagnosed with a rare form of pancreatic cancer, and the following year he underwent a major reconstructive surgery known as the Whipple operation.
In 2003 FedEx purchased Kinko's, a large office and print store chain, for $2.4 billion.
"Chief Executive Magazine Names FedEx's Fred Smith CEO of the Year," Internet Wire , May 25, 2004.
Buys Kinko's for $2.4 billion in 2004 to compete with UPS' recently purchased Mail Boxes Etc.
He eventually sold the studio to the Disney Company in 2006.
The company barely ekes out a $98 million profit in 2009, down from $2 billion two years earlier.
In August 2011 he resigned as CEO of Apple, and two months later, at age 56, he died.
Posts a $1.6 billion profit on record-high sales in 2013.
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Fred Smith competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Adams Construction | 1946 | $150.0M | 580 | - |
| FNF Construction | 1984 | $110.0M | 375 | 19 |
| Central States Mfg | 1988 | $180.0M | 750 | 21 |
| Metl-Span | 1968 | $35.0M | 350 | - |
| Gilchrist Construction Company, Llc | - | $118.0M | 200 | - |
| Coastal Bridge | 1956 | $91.2M | 110 | - |
| American Asphalt | 1903 | $6.4M | 50 | - |
| Banks Construction | 1948 | $8.5M | 210 | 34 |
| Bob Schafer | 1940 | $200.0M | 800 | 12 |
| C.W. Matthews Contracting Co. | 1946 | $220.0M | 930 | 16 |
Fred Smith history FAQs
Zippia gives an in-depth look into the details of Fred Smith, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fred Smith. The employee data is based on information from people who have self-reported their past or current employments at Fred Smith. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fred Smith. The data presented on this page does not represent the view of Fred Smith and its employees or that of Zippia.
Fred Smith may also be known as or be related to Fred Smith and Fred Smith Company.