Podcast appearances and mentions of Frederick W Smith

Global tensions as oil prices react to geopolitical events, with Brent crude ticking up after the US strike on Iran's nuclear facilities, though prices later flattened as tankers moved through the Strait of Hormuz. Despite Iran's parliament voting to close the strategic waterway, top leadership approval is required, and US Secretary of State Marco Rubio urged China to discourage such a shutdown given its critical impact on global oil consumption. Spot rates for large crude oil tankers from the Persian Gulf to China have surged dramatically amid heightened Middle East stability concerns, nearly doubling to over $57,000 per day for the largest crude carriers. Despite threats to close the Strait of Hormuz, major container lines like Maersk and CMA CGM continue their sailings, closely monitoring the situation while maintaining operations. In industry news, we pause to honor the passing of Frederick W. Smith, the visionary founder of FedEx, who died at age 80, transforming a college term paper idea into an $87.7 billion global overnight delivery powerhouse. Smith's pioneering concepts, military service, and strategic financial moves, like a high-stakes blackjack win, shaped FedEx into a company whose legacy touches virtually every corner of global logistics. The US truckload market continues to face significant challenges, with carrier revocations, or trucking businesses shutting down, running 16% higher year-over-year through mid-2025, reflecting sustained industry vulnerability. Recent regulatory enforcement, including renewed English language proficiency rules and stricter CDL fraud crackdowns, may be raising entry barriers, while softening demand and rising operating costs further squeeze profitability. Supply chain investments are on the rise in Mexico to support growing trade with the US, its largest trading partner. This includes Evans Transportation opening a new office in Laredo, DP World launching a freight forwarding hub in Mexico City, Geodis Logistics opening a new office in Guadalajara, We Store Frozen building a cold storage facility in Laredo, and Japanese firms Tokai Kogyo and Benchmark Electronics expanding their manufacturing footprints. FreightWaves is proud to spotlight the dawn of a new era with the AI Excellence in Supply Chain Award, recognizing game-changing use of artificial intelligence in logistics. The Supply Chain AI Symposium in Washington, D.C., happening this July, will crown industry leaders harnessing AI, machine learning, and large language models to drive smarter, more resilient, and sustainable supply chains. Learn more about your ad choices. Visit megaphone.fm/adchoices

Heightened tensions in the Middle East have caused ⁠spot rates for large crude oil tankers from the Persian Gulf to China to surge over 50%⁠. This surge comes after a U.S. attack on Iran and threats to close the Strait of Hormuz, a route for about 20% of the world's oil, equating to over $57,000 per day for a roundtrip charter.  Frederick W. Smith, who founded FedEx Express Corp. fifty-four years ago and revolutionized parcel delivery by using aircraft for overnight delivery, ⁠passed away over the weekend at the age of 80⁠. FedEx CEO Raj Subramaniam stated that "Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its People-Service-Profit culture, values, integrity, and spirit," underscoring his profound impact.  The Supreme Court has weighed in on California's ability to create its own environmental regulations via waivers from the EPA, a ruling that was more procedural than substantive on regulatory lawmaking. This decision, which overruled a D.C. Circuit Court case regarding a challenge to California's Clean Cars One Act, could ⁠benefit how trucking groups fight state regulations impacting their industry going forward⁠.  Don't miss ⁠What The Truck?!?⁠ live at noon today on FreightWaves TV, with the replay available on SiriusXM channel 146. Also, mark your calendars for the free ⁠Enterprise Fleet Summit on July 23rd⁠ and the ⁠Supply Chain AI Symposium on July 30th⁠ in Washington D.C., with a special combo ticket available for the latter and the Future of Freight Festival. Learn more about your ad choices. Visit megaphone.fm/adchoices

Global tensions as oil prices react to geopolitical events, with Brent crude ticking up after the US strike on Iran's nuclear facilities, though prices later flattened as tankers moved through the Strait of Hormuz. Despite Iran's parliament voting to close the strategic waterway, top leadership approval is required, and US Secretary of State Marco Rubio urged China to discourage such a shutdown given its critical impact on global oil consumption. Spot rates for large crude oil tankers from the Persian Gulf to China have surged dramatically amid heightened Middle East stability concerns, nearly doubling to over $57,000 per day for the largest crude carriers. Despite threats to close the Strait of Hormuz, major container lines like Maersk and CMA CGM continue their sailings, closely monitoring the situation while maintaining operations. In industry news, we pause to honor the passing of Frederick W. Smith, the visionary founder of FedEx, who died at age 80, transforming a college term paper idea into an $87.7 billion global overnight delivery powerhouse. Smith's pioneering concepts, military service, and strategic financial moves, like a high-stakes blackjack win, shaped FedEx into a company whose legacy touches virtually every corner of global logistics. The US truckload market continues to face significant challenges, with carrier revocations, or trucking businesses shutting down, running 16% higher year-over-year through mid-2025, reflecting sustained industry vulnerability. Recent regulatory enforcement, including renewed English language proficiency rules and stricter CDL fraud crackdowns, may be raising entry barriers, while softening demand and rising operating costs further squeeze profitability. Supply chain investments are on the rise in Mexico to support growing trade with the US, its largest trading partner. This includes Evans Transportation opening a new office in Laredo, DP World launching a freight forwarding hub in Mexico City, Geodis Logistics opening a new office in Guadalajara, We Store Frozen building a cold storage facility in Laredo, and Japanese firms Tokai Kogyo and Benchmark Electronics expanding their manufacturing footprints. FreightWaves is proud to spotlight the dawn of a new era with the AI Excellence in Supply Chain Award, recognizing game-changing use of artificial intelligence in logistics. The Supply Chain AI Symposium in Washington, D.C., happening this July, will crown industry leaders harnessing AI, machine learning, and large language models to drive smarter, more resilient, and sustainable supply chains. Learn more about your ad choices. Visit megaphone.fm/adchoices

Heightened tensions in the Middle East have caused spot rates for large crude oil tankers from the Persian Gulf to China to surge over 50%. This surge comes after a U.S. attack on Iran and threats to close the Strait of Hormuz, a route for about 20% of the world's oil, equating to over $57,000 per day for a roundtrip charter.  Frederick W. Smith, who founded FedEx Express Corp. fifty-four years ago and revolutionized parcel delivery by using aircraft for overnight delivery, passed away over the weekend at the age of 80. FedEx CEO Raj Subramaniam stated that "Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its People-Service-Profit culture, values, integrity, and spirit," underscoring his profound impact.  The Supreme Court has weighed in on California's ability to create its own environmental regulations via waivers from the EPA, a ruling that was more procedural than substantive on regulatory lawmaking. This decision, which overruled a D.C. Circuit Court case regarding a challenge to California's Clean Cars One Act, could benefit how trucking groups fight state regulations impacting their industry going forward.  Don't miss What The Truck?!? live at noon today on FreightWaves TV, with the replay available on SiriusXM channel 146. Also, mark your calendars for the free Enterprise Fleet Summit on July 23rd and the Supply Chain AI Symposium on July 30th in Washington D.C., with a special combo ticket available for the latter and the Future of Freight Festival. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeff Brightwell sat down with Laird Veatch in the Bahamas to talk about the Frederick W. Smith Family gift, what it means, and the possibilities.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today we're going to talk about one of the world's largest express transportation companies.  Our guest for today is from FedEx, a company that was founded by Frederick W Smith as the Federal Express Corporation in 1971.  And here's a fun fact about the company's name.The word “federal” suggested an interest in nationwide economic activity in the US and was meant to resonate with the US Federal Reserve Bank, which is a potential customer for the logistics player.  But back to FedEx's business, the firm recently reported fourth quarter earnings of US$4.94 per share, better than the analyst estimate of US$4.86.  Still, revenue came in below expectations. More recently, FedEx is also streamlining its air courier business by removing 29 aircrafts from its fleet to make its logistics network more flexible amid slowing global trade activities in the current economic climate.  So how will such efforts aid FedEx in becoming leaner and more competitive against industry peers and what is the road ahead for the firm? On Under the Radar, Drive Time's finance presenter Chua Tian Tian sat down with Audrey Cheong, Vice President, Southeast Asia Operations, FedEx for more.See omnystudio.com/listener for privacy information.

  TDAgiantslayer@gmail.com    97X     PODBEAN   Apple Podcast    webstix.com Tony Herman - the coolest cat on the net     Code: wellbuilttda 15% off   Here's a sharable link: https://wellbuiltsupplements.com/discount/wellbuilttda   Daily Greens probiotic, vegan protein, whey protein, Digestive enzymes, Omega 3's, Performance energy, Performance BCCA's, Vitamins for men, Vitamins for women and a whole lot more.  Right now I am pumping the greens and Pre-workout and loving them both… Heres a secret “I'm on them right now as I do my podcast”.    revolution4fathers.com Jesus t-shirt!  Giant slayer water bottles, hoodies, t shirts Man up shirts… on a cross changed my life   OCTOBER 30TH, 10AM - 4PM TDA Couples conference, married, engaged, dating etc…   Risk it like a biscuit    risk… On June 18, 1971, the founder and current CEO of FedEx, Frederick W. Smith founded the company Federal Express (FedEx) with his $4 million inheritance and raised an additional $91 million in venture capital such that it could potentially deliver packages overnight to anywhere in the world. This is something that, at that time, had never been done. Unfortunately, three years after the company began, because of the rapidly rising fuel costs,Federal Express was on the verge of bankruptcy, losing over $1 million a month, with no one willing to give them any additional loans nor any investors interested in contributing capital. Smith reached a point when the company's account had only $5,000 and he couldn't afford to refuel the planes that delivered FedEx's shipments. Smith made a final pitch to General Dynamics for more funding, but was refused, leaving FedEx more or less dead on the ground when they would not be able to fuel their planes the following Monday. Still, Smith refused to surrender. He took the last $5,000 and flew to Las Vegas, placed the company's remaining money on Black Jack bets over the weekend and won an additional $27,000 by Monday. It wasn't a huge windfall, but the total $32,000 was enough to refuel the planes and keep the business running for a few more days. After a few days Smith successfully managed to raise $11 million to keep the company afloat and, by 1976, Federal Express made its first profit of $3.6 million. If he had given up, and didn't take the risk of gambling, there would be no FedEx now.   Risk… Why do we risk? Personality Up bringing Peer pressure Experienced the high of risky behavior- we become addicted to it     How do we risk? Financial Physical Boredom  Fame    What does Jesus say about Risk?      2 Timothy 1:7 “For God gave us a spirit not of fear but of power and love and self-control.”   Risk isn't stupidity… it is a calculated risk. So God gives us the formula  NO FEAR + Power + Love + Self control = a calculated step of risk.  Now if you are missing any of those… you are just being foolish!      No risk no reward - but even more so - no risk, no maximum growth, no great stories… No move of God, and basically no faith. Faith is spelled R.I.S.K.    Do you realize all the great stories in the bible come down to one basic ingredient - God told someone what to do and they took a risk and obeyed God… and now we have a great story.   How do we overcome the enemy?  Rev. 12:11 They triumphed over him by the blood of the Lamb and by the word of their testimony; they did not love their lives so much as to shrink from death.   THE WORD OF THEIR TESTIMONY - STORIES OF RISK!        Ecclesiastes 10:8 “When you dig a well, you might fall in. When you demolish an old wall, you could be bitten by a snake.”   There is always a reason to not take a risk… But there is always someone still willing to take the risk Today may that person be you!     

Prior to founding the KGR Group in 2005, Edith Kelly-Green worked for nearly 30 years at FedEx Express, a subsidiary of FedEx Corporation, where she served in many roles including Vice President and Chief Sourcing Officer. She also served as Vice President-Internal Audit of FedEx Corporation and reported directly to the Chairman and Founder, Frederick W. Smith. She was the first black woman to receive officer status at the company. Edith devotes much of her time to Memphis's business and civic community, as an active and founding member of many local organizations. A breast cancer survivor, she believes that to whom much is given, much is expected.    Links to items mentioned in the interview: KGR Group Society of Entrepreneurs Profile Lennys Grill & Subs Methodist Le Bonheur Healthcare Hattiloo Theatre Memphis Symphony Orchestra Women's Foundation for a Greater Memphis Philanthropic Black Women of Memphis Ole Miss Women's Council for Philanthropy

Frederick W. Smith, chairman and CEO of FedEx, joined Washington Post Live to discuss business, the economy and the coronavirus pandemic.

Frederick W. Smith is chairman and chief executive officer of FedEx Corporation, a $44-billion global transportation, business services and logistics company. [saf feature=”itunes” cta=”Subscribe & Listen in iTunes”] Smith is responsible for providing strategic direction for all FedEx Corporation operating companies, including FedEx Services, FedEx Express, FedEx Ground and FedEx Freight. FedEx serves more than 220 countries and territories with ... Read More