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Skippie
Posted: Tue Jan 29, 2008 12:52:13 pm
Member
Joined: 18 Jan 2008
Posts: 106
Location: Indianapolis
FedEx IND hub opened 20 years ago this year. The current lease at IND is good unitl 2028, another 20 years, and i'm sure beyond that.
The company was formed in 1971 and originally based in Little Rock, Ark, but moved to MEM after the airport would not work with Fred Smith and his planned company. On the companies first full night, they used 14 Dassault Falcon jets deliver 186 packages overnight to 25 cities. The company was formed in 1971 what the roots of subsidiaries date back to 1913 to the parent company of, now, FedEx Trade Networks, which has a fairly large operation at IND as well.
!Carpe Roti!
"You can run,and you can hide, but eventually we'll get your ride."
Indy
Posted: Tue Jan 29, 2008 01:17:23 pm
Site Admin
Joined: 15 Jun 2005
Posts: 2316
Location: Indianapolis, IN
If the lease is good until 2028 then its 20 more years. Or is the lease good until 2018? I remember when I was younger we were staying at a hotel in Tennessee and I was watching a tv show about this weird company called Federal Express. I never understood why so many people would need things shipped overnight that a company would survive. And I also figured that shipping overnight must have been horribly expensive. I was wrong in both cases.
Food4Geeks.com - Even Geeks Like To Eat.Skippie
Posted: Tue Jan 29, 2008 01:31:46 pm
Member
Joined: 18 Jan 2008
Posts: 106
Location: Indianapolis
yes that is correct, the lease was extended 12 years, until 2028. i don't know what i was thinking. I really just wanted to post something in this section since it did not have anything.
"Just because you didn't make your payments doesn't make me a bad person"!Carpe Roti!
"You can run,and you can hide, but eventually we'll get your ride."
Indy
Posted: Tue Jan 29, 2008 02:29:34 pm
Site Admin
Joined: 15 Jun 2005
Posts: 2316
Location: Indianapolis, IN
Oh this is the first thread isn't it? 