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.
Frederick W. SmithLeadership is simply the ability of an individual to coalesce the efforts of other individuals toward achieving common goals. It boils down to looking after your people and ensuring that, from top to bottom, everyone feels part of the team.
Frederick W. SmithOnly electricity can give the transport sector the flexibility to switch fuels when one or more become too expensive.
Frederick W. SmithI am not someone who tends to advocate for increased government involvement in the private sector.
Frederick W. SmithIt is impossible to manage the health care requirements of tens of millions of American citizens at the federal level. It is impossible to manage all of the permutations of people's economic aspirations and lives through a complex tax code. It is impossible to try to second-guess the market. It is impossible, from a managerial standpoint, for the federal government to do the things it is trying to do today.
Frederick W. Smith