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Congratulating Fedex for 50 Years in Memphis

Floor Speech

Date: April 17, 2023
Location: Washington, DC

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Mr. COHEN. Mr. Speaker, I rise today to congratulate Fred Smith and FedEx as we commemorate the 50th anniversary of the start of the company's operations in Memphis. Overnight delivery was the subject of an undergraduate term paper for Mr. Smith who notes that it earned an average grade. But he put the idea into Federal Express Corporation in Little Rock in 1971. On April 17, 1973, the company began operations in Memphis with 389 people and 14 planes and delivered 186 packages to 25 cities. Over the years, Federal Express became ``FedEx'' and became one of the largest and best known American-headquartered companies in the world. Many of my constituents, friends and colleagues go to work at its operations in Memphis every day, where it is the state's largest private employer. FedEx's work as a supporter of charities is legendary. It is a model for what a company can do for its community. I congratulate current and former FedEx team members and look forward to commemorating another 50 years--in Memphis.

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