Why Buy FedEx Routes? The History of FedEx Bodes Well for Future Success

If starting your own business as a FedEx contractor has been on your mind for a while, it may help to know that the history of the company, which spans nearly five decades, bodes well for your future success.

Officially launched in 1973, FedEx has evolved into a leader in global logistics and one of the most recognized brands in the world—but did you know the original concept for the company was first shared in a college term paper by founder Frederick W. Smith?

And while you might not think of FedEx as a technology company, over the years the innovation and ingenuity of its team members has led to major breakthroughs in the logistics and delivery industry. For example, the organization was among the first to develop and leverage computer systems in the late 1970s, leading to the first automated customer service center that allowed for real-time package tracking for each shipment.

Fast forward to the 1980s, during which FedEx introduced the “overnight letter” (allowing it to compete with the United States Postal Service) and the revolutionary SuperTracker—a handheld barcode scanner used to track packages as they make their way through the Federal Express system. But that’s just the tip of the iceberg; FedEx history is peppered with similar major technology wins.

In the mid 1990s, FedEx took things to the next level by making package location information available to the masses via FedEx.com. This groundbreaking move brought to life the words of the company founder: “The information about the package is as important as the package itself.” Today, smart package technology helps put critical medicine and supplies into doctors’ hands faster than ever before—and people and businesses all over the world rely on FedEx to send and deliver packages every day.

There’s never been a better time to buy FedEx routes.

Even before COVID-19, overall package volume had been steadily increasing. Now, thanks to the recent surge in online shopping spurred by the pandemic, shipping and delivery are at an all-time high. This makes owning routes a highly sought-after independent business option.

Currently, FedEx delivers over 6.6 million packages daily, many of which are handled by thousands of contractors known as independent service providers (ISPs). The FedEx Ground and FedEx Custom Critical divisions, both of which fall under the broader FedEx Corp. umbrella, mainly rely on ISPs to manage routes and transport and deliver packages throughout the United States and Canada.

The process begins when an individual purchases FedEx routes and takes on the responsibility of conveying packages to and from locations within their chosen customer service area (CSA). Once the purchase and transfer process is complete, they become the owner and operator of a FedEx route business.

Ready to launch your bright future with FedEx? Trust the experts at KR Capital. 

If you are ready to become a FedEx ISP but are unsure how to get started, our experienced team can help you take the first step. Take a look at our list of available routes and contact us if you see something that fits your criteria. If not, fill out our online Buyer Info Request form to receive email alerts when new opportunities become available.

As the leading FedEx brokerage firm in the country, we can help you easily navigate the FedEx approval process so you can get your new business up and running.