|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
J.B. Hunt, Wal-Mart climb aboard Tesla's electric truck
on November 17, 2017 at 10:18 pm
Most of the customers who announced plans to put down $5,000 deposits for the Tesla Semi indicated they wanted to test a few of the vehicles. Wal-Mart said it plans to order a total of 15 Tesla trucks, five for the United States and ten for Canada. The company operates a fleet of about 6,000 trucks in the United States. […]
FedEx exec elected Chamber chairman
on November 17, 2017 at 3:25 pm
A top FedEx exec will assume the role of chairman of the board for the Greater Memphis Chamber. Richard Smith, president and CEO of FedEx Trade Networks, was voted into the position by the chamber’s board ... […]
Should Amazon Just Buy FedEx?
on November 17, 2017 at 3:08 pm
While Amazon (AMZN) has made two-day and even two-hour order fulfillment a reality, it still faces a problem with shipping, along with every other retailer: It doesn't control the "last mile" delivery to consumers, Loop Capital's Anthony Chukumba and Rick Paterson write. The issue is that Amazon has to rely on third parties when it comes to delivery and returns, and Chuckumba and Paterson write that FedEx and UPS (UPS) naturally want to take "their pound of flesh" from the process, in this case in the form of margin. […]
FedEx Corp. Board Declares Quarterly Dividend
on November 17, 2017 at 2:00 pm
The Board of Directors of FedEx Corporation today declared a quarterly cash dividend of $0.50 per share on FedEx Corporation common stock. The dividend is payable January 2, 2018 to stockholders of record at the close of business on December 11, 2017. […]
Forget the Truck. Tesla's Future Still Depends on the Model 3
on November 16, 2017 at 8:27 pm
Yes, Tesla's (TSLA) semi-truck is getting all the attention today, but lest anyone forget, the future of the company depends on the mass-market Model 3. My colleague Teresa Rivas dug into the possible beneficiaries of Tesla's truck--UPS (UPS), FedEx (FDX) and J.B. Hunt (JBHT), among them--but profitability will likely depend on the automaker selling lots and lots of Model 3s. Oppenheimer' Colin Rusch and team took a test drive and came away liking the car... We completed our Model 3 test drives along with a visit to the showroom. […]