Frederick W. Smith Quotes
My four years in the Marine Corps left me with an indelible understanding of the value of leadership skills.
Only electricity can give the transport sector the flexibility to switch fuels when one or more become too expensive.
Leaders get out in front and stay there by raising the standards by which they judge themselves - and by which they are willing to be judged.
My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.
I do not believe I could have built FedEx without the skills I learned from the Marine Corps.
A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.
Beginning in 1973 and then acts in '77, '78, 1980, 1994 and then into the 21st century in the international arena, governments have steadily gotten out of the transportation business.
If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.
I am not someone who tends to advocate for increased government involvement in the private sector.
The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.
The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.
A manager is not a person who can do the work better than his men he is a person who can get his men to do the work better than he can.