|Price Range 12mo avg:||$13M – $16.5M|
|$/sf 12mo avg:||$84|
|CAP Rate 12mo avg:||6.25%|
|Lease Terms:||10yrs NN|
|Building Size avg:||171,314 SF|
|Lot Size avg:||35+/- acres|
FedEx Ground is the second largest FedEx operating company and specializes in cost-effective, small-package shipping offering dependable business-to-business delivery or convenient residential service through FedEx Home Delivery and FedEx SmartPost.
Through a workforce of more than 60,000 employees operating in 33 hubs and 500 pickup and delivery terminals throughout the U.S. and Canada, FedEx Ground delivers more than 3.5 million packages a day.
FedEx Ground differentiates itself in the marketplace through its innovative use of technology and independent contractors and Independent Service Providers to deliver the industry’s fastest and most reliable service. As the first company in ground shipping to use bar coding and automated sorting, FedEx Ground operates the industry’s most automated hub network and is committed to ongoing technology investments that provide more information to customers faster.
FedEx Ground has enjoyed a successful business relationship with independent contractors since 1985. The motivation for an independent contractor business model came from a fundamental observation that a small business owner has greater flexibility and drive for efficiency. Independent contractors earn in proportion to results. These factors were integral to the successful founding and startup of the company (through its predecessor company RPS) against a much larger competitor, and they remain a competitive differentiator today.
FedEx Ground pickup and delivery contractors are the company’s primary link to customers. The entrepreneurs who own these independent small businesses are responsible for ensuring service in their work areas by utilizing their own equipment, hiring and training drivers and staff, and planning and executing day-to-day business operations. These businesses assume the costs of operating delivery vehicles, including maintenance, repairs, fuel, tolls, taxes, registration fees and licenses; as well as all employment-related obligations (wages, employment taxes, benefits, etc.) for personnel.
- Founded in 1985
- 62,000 Employees as of May 31, 2015
- More than 12,000 Independently-Owned Small Businesses to Provide Package Pickup and Delivery Services.
|S&P Credit Rating:||BBB|
|Moody’s Credit Rating:||Baa1|
|Annual Revenue 2015:||$12.984B|
|Annual Revenue 2014:||$11.617B|
|Revenue Growth:||↑ 12% from 2014|
|Units (May 2015)||580|
|Average Units Volume:||$22.38M|
Yahoo! Finance: FDX News Latest Financial News for FDX
Stocks Fluctuate After Fed Raises Interest Rates
on March 21, 2018 at 7:10 pm
Stocks are trading mixed on Wednesday after the first interest rate decision from Federal Reserve Chairman Jerome Powell. […]
Stock Lose Gains On Future Fed Rate Hike Uncertainty As These 3 Sectors Show Bullish Moves
on March 21, 2018 at 6:45 pm
Three sectors in the stock market today are looking better lately. Will they produce new stock breakouts? […]
FedEx CEO Could Sway Outcome on Trump's Tariff Plans
on March 21, 2018 at 5:56 pm
FedEx CEO Fred Smith does not support the recent tariff plans from the White House. Larry Kudlow, who now serves as the director of national economic council, thinks highly of Smith. […]
FedEx looks to fill 1,700 positions at Memphis hiring event
on March 21, 2018 at 4:30 pm
FedEx Express to fill 1,700 permanent, part-time positions at job fair. […]
FedEx evidence helped identify Texas bombing suspect -memo
on March 21, 2018 at 4:08 pm
FedEx Corp said on Wednesday "key evidence" it provided to law enforcement officials led to the identification of the Texas bombing suspect, according to an internal FedEx memo seen by Reuters. The suspect was identified as Mark Anthony Conditt, of Pflugerville, Texas, according to the local CBS television affiliate and Austin American-Statesman newspaper, citing unnamed law enforcement sources. "FedEx was able to provide law enforcement with key evidence leading to the identification of the suspect responsible for the bombing because of our advanced security capabilities and the vigilance of our team members," FedEx Chief Operations Officer David Bronczek said in the memo. […]