FedEx Vector Logo Download
FedEx is the abbreviation of the Federal Express, the original company name. The company based in United States also has several previous names: Federal Express, Federal Express Corporation, and FDX Corporation. The original Federal Express logo designed in 1973 by Richard Bunyan and used until the company changed its name in 1994.
The company was founded as Federal Express in 1971 by Fred Smith in Little Rock, Arkansas. Smith’s grandfather was a steamboat captain and his father built a bus system that led to the southern Greyhound Bus system. The original funding for FedEx came from an investment of $4 million that he inherited from his father with an additional $80 million from venture capitalists.
The company moved to Memphis, Tennessee and Memphis International Airport after lack of support from Little Rock National Airport and began operations on April 17, 1973 with 14 Dassault Falcon 20′s connecting 25 U.S. cities. In 1977 cargo airline deregulation was enacted allowing the company to purchase seven Boeing 727s.
In 1978, the company was listed on the New York Stock Exchange under the symbol FDX. In 1983 it became the first United States company to reach revenues of $1 billion within 10 years of startup without merger or acquisition. In 1994 the company changed its official name to FedEx Corporation.
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