We love hearing success stories from our current and previous clients. One story that we’ve heard over and over again is the journey of a contractor from a young driver to the owner of a multi-million dollar FedEx Ground route business. Humble Beginnings It’s common for us to hear about how our clients started out …
FedEx Ground offers a unique business model that attracts both first time business owners and experienced investors alike. With a solid business model and support from one of the largest companies in the world, owning FedEx routes can be a very wise business decision. How Much Do FedEx Routes Cost? You can use the national …
We will focus on the ISP P&D model when discussing how a FedEx contractor is paid. FedEx uses a more simple format for paying Linehaul contractors. If interested in learning about Linehaul pay structure, please contact us. Revenue Comes In Buckets As a FedEx ISP owner, you are paid by FedEx in different “buckets” and …
As a FedEx Ground route business owner, you know how busy life can be. Between overseeing your morning dispatch, speaking with terminal management, safety meetings, dealing with service issues, working on DRO, and consulting with your mechanic, your day can fill up in a hurry – and that’s all before 10am. When you are ready …
One major change that came along with the transition to the FedEx ISP business model was the agreement. The FedEx ISP Agreement is a negotiated, legally-binding contract between the independent service provider (ISP) and FedEx Ground. It includes a range of individually negotiated financial and non-financial terms that are unique to the ISP’s business, with …
For a business to sell quickly and successfully, there is one key component that needs to be present – an accurate price. It is a common mistake of sellers and their brokers to set an unrealistic asking price for FedEx route businesses. The Market Determines the Price Something we regularly tell our clients is that …
You’ve built your business from the ground up. Maybe you started out driving a route or heard about the FedEx Ground business model from a friend, had an opportunity to buy in, picked up a few routes, then a few more. Before you knew it, you were running a full-fledged FedEx route operation. You’ve made …
With the increasing complexities of the FedEx Ground business model, it is more important than ever for an incoming buyer (and seller) to understand financing options when acquiring ground and linehaul route businesses. Traditional Bank Financing In the past, traditional banks were not open to lending to FedEx route operations, but times have changed. Recently, …
As a FedEx ground contractor, you have many resources at your fingertips that can help you run your operation. We discuss some of those resources, specifically the reports and metrics utilized by contractors on a daily basis. Real-Time Operational Reports CSA-level data and reports, as well as personnel-operator-level data on business operations, are available to …
For decades, FedEx has offered entrepreneurs a way to share in their business model by allowing individual entities to contract with the shipping & logistics industry leader. There are many resources available for incoming independent owners which we will cover in this post. Build a Ground Biz A great site to start your FedEx contracting …
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