Frederick W. Smith Quotations

Only electricity can give the transport sector the flexibility to switch fuels when one or more become too expensive.

I’m not afraid to take a swing and miss.

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.

I do not believe I could have built FedEx without the skills I learned from the Marine Corps.

My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.

The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.

There is no free market for oil. It's controlled by a cartel, OPEC.

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.

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.