[Congressional Record Volume 171, Number 108 (Tuesday, June 24, 2025)]
[Extensions of Remarks]
[Pages E609-E610]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REMEMBERING FRED SMITH
______
HON. STEVE COHEN
of tennessee
in the house of representatives
Tuesday, June 24, 2025
Mr. COHEN. Mr. Speaker, I rise today in solemn tribute to Frederick
W. Smith, the founder of FedEx and a visionary business and civic
leader who revolutionized global commerce. Mr. Smith passed away on
Saturday at the age of 80. Mr. Smith took an idea for express package
delivery that he wrote about in a 1965 college term paper and turned it
into a multinational corporation worth billions, employing more than
500,000 people at 2,000 locations worldwide. Mr. Smith's father, James
Frederick Smith, the founder of the Toddle House restaurant chain and
the Dixie Greyhound bus line, died when he was 4 and he and his
brother, Richard, were raised by their mother. Mr. Smith attended Yale
University, where he was a fraternity brother of future president
George W. Bush. He later served as a Marine officer and platoon leader
in Vietnam, where he received the Silver Star, the Bronze Star and two
Purple Hearts. Mr. Smith founded Federal Express in 1971 in Little
Rock, Arkansas, and moved it to his hometown of Memphis in 1973, where
it grew exponentially through acquisitions. A visionary leader who
never forgot his roots, Mr. Smith became a dedicated civic booster,
helping bring the NBA's Grizzlies to Memphis where they play at the
FedEx Forum and supporting the FedEx-St. Jude Championship charity golf
tournament since 2009. Mr. Smith was a relentlessly loyal supporter of
the University of Memphis, from the FedEx Institute of Technology to
the athletic programs and his personal commitment to refurbishing
Liberty Stadium, the home of the football Tigers. He was also a strong
supporter of the Memphis Zoo, bringing pandas from China aboard a FedEx
plane, and supporting the Teton Trek exhibit which displays nature
photography taken by his late daughter, Woodland Smith Rice, who passed
in 2005. Mr. Smith was a legendary business leader who often testified
before Congress as a representative of the Business Roundtable.
I extend my profound condolences to Mr. Smith's wife, Diane Davis
Smith, and nine children: Laurie, Stacey, Richard, Kathleen, Molly,
Arthur, Rachel, Samantha and Buchanan; his brother, Richard Gary Smith;
and granchildren, great grandchildren, nieces, nephews, and his first
wife, Linda Grisham, as well as friends and the extended FedEx
community around the world. His drive, intellect, wise counsel
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and integrity made him one of the greatest businessmen of his
generation. He led a remarkable life, and he will be greatly missed.
____________________