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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.
1775 - Benjamin Franklin appointed first Postmaster General by the Continental Congress. 1847 - U.S. postage stamps issued. 1855 - Prepayment of postage required. 1860 - Pony Express began. 1863 - Free city delivery began. 1873 - U.S. postal cards issued.