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FedEx was founded as Federal Express Corporation in 1971, by 28-year-old Memphis, Tennessee, native Frederick W. Smith. Smith, a former Marine pilot in Vietnam, originally outlined his idea for an overnight delivery service in a term paper he wrote for a Yale University economics class.
To simplify the product names, Express Mail will be called Priority Mail Expressâ¢. It remains the agencyâs fastest product available, offering the same great service as Express Mail just with a new name. Express Mail InternationalÂ® will be renamed Priority Mail Express Internationalâ¢.Express Mail Hold For Pickupâ will be âPriority Mail Express Hold For Pickupâ and âExpress Mail Open and Distributeâ will be âPriority Mail Express Open and Distribute.â At the end of July, the new packaging and labels for these services will be available online at The Postal StoreÂ® .