Delivery Route News
FedEx Network 2.0, O Canada announcement, and other thoughts from Adam!
June 20 (Reuters) – FedEx (FDX.N) on Tuesday said it will merge its contractor-based Ground delivery operations in Canada into its company-operated Express unit and convert contractors into employees. The move, set to be phased in starting in April 2024, comes as the global delivery company is revamping its business to boost profits and better…
Read MoreFollow-up to yesterdays groundbreaking news of FedEx one
Happy Master’s Week to everyone! I always felt the start of the Master’s was the unofficial start of spring. We may or may not have extra monitors on the desk watching the golf coverage. We are heading out there this Saturday for our first Master’s visit, and despite the rain forecast, we are looking forward…
Read MoreFedEx restructures to combine Ground and Express units.
From WSJ: FedEx Corp. FDX is combining its Express and Ground delivery units into a single business, abandoning an operating structure championed by founder Fred Smith and criticized by investors and analysts. The changes are designed to simplify interactions with customers and accelerate cost-cutting efforts, FedEx Chief Executive Raj Subramaniam said. It helps the parcel-delivery…
Read MoreNetwork 2.0, MEDALS process, what is it? The return to normal, and more!
We hope everyone has had a great start to the year—late last year, Network 2.0 was introduced to the world as a way for FedEx corporate to restructure certain business areas. Sunday delivery is being rolled back in many service areas where it’s unnecessary. Sunday deliveries will continue in larger metro areas as the demand…
Read MoreOur 10 year anniversary and an announcement regarding a reduction to Sunday deliveries
Happy New Year! We hope the Holidays provided everyone a time to gather with family and friends and take a moment to reflect on the past year’s events. As we enter 2023, we celebrate our tenth anniversary at Capital Route Sales. When we started, our mission was to provide an educational source to buyers…
Read MoreBlack Friday online sales top $9 billion in new record!
Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the day after Thanksgiving were up 2.3% year over year, and electronics were a major contributor, as online sales surged 221% over an average day in October, Adobe said.…
Read MoreInefficient contractors fail, how to avoid the pitfalls.
Good morning, good afternoon, and good evening all. I’m sure you’ve seen the headlines by now, Contractors are facing certain bankruptcy if they don’t receive a raise! Each Contractor has a unique service area they deliver to. I do not believe two service areas fit the same mold. I started working in this space in…
Read MoreNews and takeaways from FedEx investor day.
FedEx held its annual investor day in Memphis, TN, on June 29, 2022. During the broadcast, several themes emerged from the presentations: asset utilization, collaborative initiatives, and optimization of line haul networks. The last several years have seen intensive capital investments in buildings. The problem is no company can keep up with the demand, as…
Read MoreWhat are the successful Contractors doing?
Over the last few years, our business has changed rapidly in the face of unprecedented challenges. From the covid-19 pandemic to high inflation, we want to examine the past few years and the lessons learned during this time. Whether you own a FedEx Ground business or a small business on Main Street, no company has…
Read MoreEmployee Retention Credits
I wasn’t sure if you were aware of the ERC Credits that are out there. Other Independent Service Providers (ISPs) in the field have found success with us and we wish to extend that success to you and your company. We know the program can be a bit confusing to people who aren’t taxed and payroll professionals,…
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