As an aspiring route owner, you may have heard that FedEx does not require route owners to have direct logistics experience. This means you are welcome to buy a FedEx route even if you’re new...
Owning your own FedEx route business means you have a team of delivery drivers that you count on to transport packages safely and efficiently throughout the day. And now that more people are shopping online...
Have you been thinking about selling your FedEx routes? It could be that you're getting ready to retire or relocate, or maybe you want to move on to a new opportunity. Whatever the case, knowing...
If you’re thinking about selling your FedEx route, there are some factors to consider before starting the process. This is true even after you’ve confirmed you’re ready to move forward and pursue other endeavors. Specifically,...
As a FedEx Independent Service Provider (ISP), you have enjoyed the freedom and flexibility that comes with running your own business. Now, because you want to retire, relocate, or simply follow a different path, you're...
It’s been a busy year for KR Capital. Since our inception, we’ve grown by an average of 30% per year and recorded more than $150 million in FedEx route sales. We’re proud to say that our growth trend continued in 2019.
There’s a reason why so many people known about FedEx, and their place in the market. After all, how would you like to work with royalty? Well, FedEx is the king of logistics, throughout the world, meaning that when you partner with them to own your very own route you’re practically in the high court.
What makes FedEx so strong, though? Let’s look at the reasons why…
Being an Independent Service Provider aka FedEx ISP, is a dream of many small business owners, but what is FedEx ISP and what exactly is the conversion to ISP from CSP (Contracted Service Provider)?
The history of FedEx spans more than four decades. The company has built a stellar reputation over a long period of time, which is one of the many reasons owning routes is a coveted business opportunity.
But did you know the initial concept was first shared in a college term paper by founder Fred Smith? And while you might not think of FedEx as a technology company, the organization was among the first to develop and leverage computer systems in the late 1970s. This led to the first automated customer service center that allowed for real-time package tracking for each shipment.
Part of the FedEx independent contractor model includes linehaul. The term linehaul is not only spelled two different ways (linehaul and line haul) but as many truck drivers will tell you, companies have varying definitions of the term.
FedEx announced last month that all contractors would be transitioning to the ISP model by 2020. At the time of the announcement, the details for the transition had not yet been disclosed. Those contractors who were not already operating...