Fedex Ground Driver Routes
For the complete list of 125 unusual investments.FedEx Ground delivery drivers do not work for FedEx. They work for one of 6700 independent companies that are contracted with FedEx to deliver packages on a particular route. These routes are quite valuable: you get the benefit of the FedEx name, you get an exclusive territory to deliver packages to, and you can take advantage of the growth of package shipments as more and more people order things online for home delivery. The routes typically sell for about 2.5 to 3 times cash flow and there are lenders that specialize in financing them. The average route owner employs 5 to 10 drivers. Where do I Find FedEx Routes for Sale?There are a number of websites that list FedEx routes for sale.
These include FedEx’s own route owner website: as well as business brokerage and other websites. These other places to look include, (a route financing company),. What Do Route Owners Do?Most route owners are NOT absentee, unless they have been doing it a long time, own many routes, and have managers in place. Many route owners drive a truck themselves and also manage employees, oversee the overall company including business planning, hiring & firing, paying bills, making sure the trucks are being maintained, and acquiring additional routes for expansion. How Might the Internet and Technology Impact this Investment?That is a tough question to answer. In the short term, people are definitely spending more and more money on eCommerce versus physical stores and carriers like FedEx Ground benefit from that. A few other trends to think about including Amazon delivering its own packages, drones, and driverless cars.
Amazon is gaining more and more market share and its Fulfillment by Amazon program where they warehouse other sellers goods is a big part of this. That might impact this investment if they have their own drivers or if they start using drones for deliveries.
Fedex Ground Driver Routes For Sale
Driverless cars could be a huge benefit for route owners. Employing drivers is a huge part of the business. Eliminating them could eliminate a huge expense and make delivery routes much, much more profitable and eliminate many of the daily operations headaches.
Buying A Fedex Ground Route
I don't know if somebody can help me but I give a tryA few weeks ago ( May 14, 2012 in Oshawa) I got a parcel which was delivered by Fedex.Now I want to find out the name of the man.I know the date, time and of course where the parcel was delivered and I think I have the employer number because he came one day earlier when I was not at home and he left the notice with information likePcs,Attempted Delivery, Reattempted Delivery by,Reason Not leftEmp#, Rt#Are there any opportunities to find out? I am to scared to call Fedex and I don't want that he gets any problems because Fedex could think that he did something wrong.I thought to send a letter to Fedex that they should forward the letter to the man with the following employment number but where should I sent it?So if somebody can help me here or if somebody works at Fedex and give me a tip, I would be grateful:-)Thank you.