ISP
Tesla's push into the semi truck market.
Tesla has unveiled its all-electric semi truck, aptly dubbed the ‘Tesla Semi,’ as promised, and the resulting Class 8 transport vehicle is indeed a sight to behold. It boasts a considerable charge capacity, and has a very aesthetically distinct look, as you can see, which will obviously help it stand out from other commercial freight…
Read MoreDue diligence process.
How to do a Due Diligence for FedEx routes Many Buyers often ask me how to do a due diligence. The due diligence is typically a 30 day or less window where the Buyer takes reasonable steps in order to satisfy a legal requirement, especially in buying or selling of a business. It’s…
Read MoreDelivery Wars: Is Amazon a Threat to FedEx, UPS?
How much impact could Amazon.com’s (AMZN) new delivery service have on United Parcel Services (UPS) and FedEx (FDX)? That is the question swirling about after new broke yesterday that the e-commerce giant is testing a delivery service called Seller Flex that picks up packages from third-party sellers on Amazon’s web site and delivers them to…
Read MoreThe number one concern on Buyers mind.
The number 1 concern on Buyers mind is the ISP transition and how to navigate the transition. For those of us in the know, the latest news that you have to have 100% overlapping is not news at all. They have been warning everyone for quiet sometime about this requirement. In the long run, this…
Read MoreIs it time to sell?
Is it time to sell? Selling your business is a major decision! You have devoted your time, money, and energy into building, running, and operating your business. It may well represent your life’s work. If you have already decided that now is the right time to sell, you want the very best professional guidance you…
Read MoreTexas Judge issues nationwide injunction against OT rule
A federal judge in Texas has issued a nationwide injunction blocking the Department of Labor’s rule requiring overtime pay for more than 4 million new workers. In a 20-page decision (see below), U.S. District Judge Amos L. Mazzant ruled that 21 states and more than 50 business groups that sued to block the rule stood…
Read MoreNew OT laws go into effect December 1st, 2016
When new laws go into effect there are usually a lot of questions from the small business community. New OT regulations are going into effect on December 1, 2016. We have put together this blog to help you get the facts. Fact Sheet #19: The Motor Carrier Exemption under the Fair Labor Standards Act (FLSA)…
Read MoreAsset Sale vs Stock Sale
Deciding whether to structure a business sale as an asset sale or a stock sale is complicated because the parties involved benefit from opposing structures. Generally, buyers prefer asset sales, whereas sellers prefer stock sales. This article highlights some primary differences between the two structures. This article is not intended to provide legal and/or tax…
Read MoreNational Data on FedEx Ground Sales
This year has been a great year for Contractors who put their FedEx Ground business on the market. The national average was between 2.8x to 3x multiple, line haul businesses fetched a little more, with certain geographical areas seeing 3x to 3.5x multiples. We believe the driving force in sales is baby boomers retiring, and…
Read MoreE-Commerce forces shift in warehouse building.
The rise of online shopping is forcing warehouse builders to redraw the map of logistics hubs on the East Coast. During the weekend, FedEx Ground, one of the largest transporters of parcels and other shipments, broke ground for its largest facility in the country, an 800,000-square-foot automated distribution center in Allen Township, Pa., adding a…
Read More