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Chairman and CEO Frederick W. Smith Testifies on 21st Century Infrastructure


Mr. Smith addressed topics of great importance to FedEx, including support of NextGen, improving the interstate road system, and the use of 33 foot trailers. Full text of Mr. Smith’s testimony is available at Full video of the hearing is available here. ... Read More »

FedEx CEO Frederick W. Smith Speaks on the U.S. Economy on Fox News Sunday


“It’s investment in capital equipment, in software and in infrastructure that drives the jobs in the United States,” Mr. Smith said on the program, noting that the U.S. corporate tax code “does not reward investment” which leads companies to focus on their expansion efforts elsewhere. The all-in U.S. tax rate is 39 percent (federal and state) – the highest among all industrialized countries and significantly higher than the 25 percent average corporate rate imposed by all other OECD countries.  FedEx has urged policymakers to harmonize the U... Read More »

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