| Price Range 12mo avg: | $13M – $16.5M |
|---|---|
| $/sf 12mo avg: | $84 |
| CAP Rate 12mo avg: | 6.25% |
| NOI average: | $904,087 |
| 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 |
| Net Income | $2.172B |
| Units (May 2015) | 580 |
| Average Units Volume: | $22.38M |
Yahoo! Finance: FDX News Latest Financial News for FDX
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CLASS ACTION UPDATE for FDX, CTST and EGBN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
on August 25, 2019 at 3:04 pm
NEW YORK, NY / ACCESSWIRE / August 25, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ... […]
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FEDEX 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess Of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against FedEx Corporation
on August 24, 2019 at 2:50 am
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with losses in excess of $100,000 that they have only until August 26, 2019 to file lead plaintiff applications in a securities class action lawsuit against FedEx Corporation (FDX). This action is pending in the United States District Court for the Southern District of New York. […]
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Michael Burry Buys 4 Stocks in Addition to GameStop
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Big Short investor also shutters former largest holding JD.com Continue reading... […]
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SHAREHOLDER ALERT: FDX TWOU NTAP: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
on August 23, 2019 at 10:15 pm
NEW YORK, NY / ACCESSWIRE / August 23, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a ... […]
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US Stock Market Tumbles on China Tariffs, Trump Tweets
on August 23, 2019 at 9:46 pm
In response to new tariffs from China and President Trump's tweets, the market tanked to session lows on Friday. The DJIA nosedived more than 600 points. […]
NYSE: FDX
