National 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…

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E-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…

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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,…

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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…

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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…

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Selling your FedEx Ground business?

How to Sell Your FedEx route business.   Whether you are a Ground, Home Delivery, or Line haul contractor it’s important to hire a broker who is familiar with the FedEx selling process.  Having been in your shoes before as a seller, our time is at a premium running the business on a day to…

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A day in the life of a FedEx contractor.

      A Day in The Life of a FedEx ContractorFedEx Route Sales When you are looking for a FedEx business to purchase you see the ads, absentee owner! Turn key!  5 hours of work per week! If you work 5 hours a week running a business the chances are you probably are not…

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FedEx Earns #8 spot on the FORTUNE World’s most admired companies.

FedEx Corp. (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published in FORTUNE magazine. The annual “World’s Most Admired Companies” report released today lists FedEx as the No. 8 ranked company overall, and No. 1 in the delivery industry. The survey measures nine attributes related…

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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…

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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…

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