| 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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Can FedEx (FDX) Stock Turn Things Around with Upcoming Q2 Earnings?
on December 13, 2019 at 11:26 pm
FedEx will report its second quarter fiscal 2020 performance after the market closes on Tuesday, December 17. […]
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FedEx eyed potential facility at Paine Field, records show
on December 13, 2019 at 11:11 pm
The Memphis-based air and ground cargo shipper was interested in leasing property on the same side of the Snohomish County airport where Boeing is also exploring a project, public records show. […]
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Week ahead: Nike, FedEx results and inflation data
on December 13, 2019 at 10:02 pm
With the Federal Reserve on hold for the foreseeable future and Chairman Jerome Powell making it clear the Fed will be looking at inflation to determine when interest rates should change... That keeps the spotlight on the Fed's preferred measure of inflation. The personal consumption expenditure or PCE index comes out at the end of the week. Core PCE, which excludes volatile food and energy, is expected to continue to undershoot the Fed's two percent target. Predictions are for the year-over-year gain in November to remain steady at up 1.6 percent. The final revision on third-quarter GDP is also released Friday. The Commerce Department is expected to stick to its 2.1 percent reading. Ahead of that - there are updates on housing starts and home sales, as well as, a look at industrial production and manufacturing output. On the corporate front: Economic bellwether FedEx releases quarterly results on Tuesday. Higher rates likely provided a boost to sales and earnings. Investors will also be looking for more clarity on how FedEx plans to grow the business after ending its partnership with Amazon. Next up: results from Nike. The global leader in athletic apparel is expected to show a jump in quarterly profits and revenues on Thursday. Investors are keen for more information on incoming CEO John Donahoe. […]
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Stocks Are Headed Higher in 2020, Strategists Say. Here’s Which Sectors Will Benefit the Most.
on December 13, 2019 at 7:48 pm
Strategists see modest gains ahead for stocks in 2020, supported by a stable economy, accommodative monetary policy, and a pickup in manufacturing. […]
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Will Ground Unit's High Costs Mar FedEx's (FDX) Q2 Earnings?
on December 13, 2019 at 1:08 pm
Increased investments at FedEx's (FDX) Ground unit are likely to have hurt its fiscal second-quarter performance. […]
NYSE: FDX
