Are you prepared to sell your FedEx Ground business?
If you’re like most FedEx contractors who are new to the selling process, you probably have a lot of questions for business brokers. I’m often asked, how can a business broker help me sell my business? Taking on this massive challenge alone could lead you to neglect your current business, get a lower asking price,…Read More
FedEx Ground’s Delivery Optimization Initiative Coming Soon
As announced via MyGroundBiz.com in April, FedEx Ground will soon launch its Delivery Optimization initiative in phases across the U.S. This is one of many ongoing efforts to further integrate and maximize capacity within the FedEx Ground Ground/SmartPost networks. What is Delivery Optimization? Delivery Optimization aims to increase efficiencies and flexibility, while seamlessly transitioning deliveries…Read More
FedEx 4th Quarter Results and Outlook for FedEx Ground.
FedEx Ground Segment For the fourth quarter, the FedEx Ground segment reported: Fiscal 2016 Fiscal 2015 Change Revenue $4.29 billion $3.57 billion 20% Operating income $656 million $603 million 9% Operating margin 15.3% 16.9% (1.6 pts) Revenue increased due to a 10% increase in FedEx Ground volume and a 7% improvement in revenue per package…Read More
Sample FedEx ISP workbook, FedEx ISP station transitions announced.
ISP workbook Click on the FedEx ISP workbook above to review the new FedEx Ground ISP transition material. We have provided this material to help buyers, and current contractors understand the new changes. To recap most stations will require you to own either 5 PSAs, or 500 stops per day, smaller terminals will require a…Read More
FedEx Ground announces ISP transition by 2020
Today marks a major milestone for FedEx contractors system wide, as FedEx transitions its remaining U.S. districts to the ISP model. This will be great for business and offer longer contract terms for contractors. The big take away for potential buyers is you have to own at least 5 routes or hit the 500 stop…Read More
ISP transition Q&A.
Transition Q&A District-specific Q&A will be supplied in advance of each district’s transition, containing information unique to that transition. GENERAL What is an Independent Service Provider (ISP) Agreement?An ISP Agreement is a negotiated contract between a business (ISP) and FedEx Ground that includes a range of negotiable financial and non-financial terms.An ISP is an incorporated…Read More
FedEx Ground announces transition to ISP.
January 28, 2016 Since 1985, FedEx Ground has successfully contracted with thousands of independent businesses to deliver outstanding customer experiences. Today, we are announcing an important step forward. FedEx Ground will transition its remaining U.S. districts to the Independent Service Provider Agreement (ISP Agreement). All U.S. P&D contracted service providers (CSPs) will operate under an…Read More