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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.
View Full Document. 1  2. American Express (AmEx): the company was founded in 1850 as an express mail business. It is now a multinational financial services company most well-known for its charge cards, credit cards, and travelerâs checks. AmEx issued its first travelerâs cheques in 1891, its first travel charge card in 1958, and its first credit card in 1987.