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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.
Illustrated Map of Pony Express Route in 1860 by William Henry Jackson ~ Courtesy the Library of Congress ~ The Pony Express mail route, April 3, 1860 â October 24, 1861; Reproduction of Jackson illustration issued to commemorate the 100th anniversary of Pony Express founding on April 3, 1960.fficially operating as the Leavenworth and Pike's Peak Express Company of 1859, which in 1860 became the Central Overland California and Pikes Peak Express Company, this firm was founded by William H. Russell, Alexander Majors, and William B. Waddell all of whom were notable in the freighting business.