FedEx will hold a public memorial on August 11 at the FedExForum in Memphis, Tennessee, to honor founder Fred Smith, who died June 21.
Smith built the company from scratch in 1973 into an iconic American brand with annual revenue last year of $88 billion, setting the standard for the modern parcel logistics industry. FedEx (NYSE: FDX) has the world’s largest cargo airline and is a barometer of global trade because its delivery network spans more than 220 countries and territories.
