| 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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FedEx Corp. Executive Vice President, General Counsel and Secretary, Christine P. Richards, to Retire September 30, 2017
on July 20, 2017 at 12:00 pm
FedEx Corporation today announced that Christine P. Richards, executive vice president, general counsel and secretary, will retire effective September 30, 2017. Richards, 62, has led the company's legal, regulatory, governmental affairs and security groups since 2005. […]
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4 Things You Didn't Know About FedEx Corporation
on July 20, 2017 at 11:51 am
A closer look at the package delivery company, particularly in comparison with UPS, reveals an interesting perspective on its future prospects for investors. […]
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FedEx Freight Drivers Reject Teamsters in Pennsylvania
on July 20, 2017 at 2:58 am
FedEx Freight, the industry leader in less-than-truckload transportation, and a subsidiary of FedEx Corp. , announced that city and road drivers in Croydon, Pa., voted to decertify the Teamsters union as their bargaining representative. […]
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FedEx Corp. :FDX-US: Earnings Analysis: Q4, 2017 By the Numbers : July 19, 2017
on July 19, 2017 at 1:57 pm
Categories: Yahoo FinanceGet free summary analysis FedEx Corp. reports financial results for the quarter ended May 31, 2017. Highlights Summary numbers: Revenues of USD 15728 million, Net Earnings of USD 1019 million. Gross margins narrowed from 25.29% to 24.77% compared to the same period last year, operating (EBITDA) margins now 16.02% from -6.23%. Change in operating cash ... Read more (Read more...) […]
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FedEx Office Expands Offerings To Serve Health Care Campuses
on July 19, 2017 at 1:00 pm
FedEx Office, a world-class commercial print provider, announced the opening its first healthcare campus location at The Johns Hopkins Hospital in Baltimore, expanding the company’s services. […]
NYSE: FDX
