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KR Capital Tips

12 Winter Weather Driving Tips for Your FedEx Drivers

  If you drive for work, you don’t have the luxury of escaping the snow. Furthermore, as we speak, many parts of the country are experiencing snow and icy roads. Unfortunately, it doesn’t matter how bad the roads are. Unless they’re closed, you still have to make your deliveries, and it’s best to be prepared for these conditions in advance. Did you know that approximately 70 percent of the roads in the United States are located in snowy regions? A majority of these roads are driven by truckers, including shipping services. Snowy weather is responsible for 24 percent of weather-related vehicle crashes each year, attributing to 900 fatalities and more than 75,000 injuries. The danger is very real, particularly for large vehicles, like trucks, that have unique needs during the winter. Even if you live in a warm state and drive mostly non-snowy routes, as a FedEx delivery truck driver, it’s essential that you learn how to handle the snowy conditions you’ll see throughout the country.
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The FedEx Peak Season

FedEx has recently announced that it expects to ship 317 million packages between Black Friday and Christmas Eve (a time referred to by FedEx contractors as “peak season”). In anticipation of this record package volume, FedEx will be hiring more than 55,000 seasonal workers – up from about 50,000 in 2014. http://www/krcapital_351/public/releases/20190801162216/web.usatoday.com/story/money/2015/10/26/fedex-expects-record-package-volume-during-holiday-season/74616922/
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When to Sell Your FedEx Routes

FedEx contractors contemplating the sale of their routes often ask us whether there is a right or wrong time of the year to sell. Should I sell now or wait until after peak? Do route prices vary with the time of year? How do I incorporate my new route(s) into the valuation of my overall business? I need a new truck – should I purchase/lease one before the sale or leave it to the new buyer? These are just some of the questions we receive on a daily basis. We’ll do our best to answer some of those questions here…
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How Does the FedEx Model Work?

We recently received an inquiry on our blog asking us to share our perspective on how the FedEx model works.  While that question deserves a very lengthy and detailed answer, we did our best to break the FedEx model down into a concise, easy-to-read explanation...
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FedEx Ranks as 39th Most Reputable Company in the World

According to the Reputation Institute, published in Forbes, FedEx ranked # 39 on the 2015 list, up 15 points from its 2014 position.  Companies achieve a spot on the Global Rep Trak list based on the public's perception of seven categories: innovation, leadership, governance, citizenship, workplace, performance and products/services. 
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Real-time Buyer Activity for FedEx Routes

As specialized brokers of FedEx routes, much of our day is spent marketing to, and speaking with, buyers all across the country.  As part of this process, we talk to hundreds of buyers each week to determine exactly what they are looking for in an effort to connect them to the right FedEx opportunity.
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Seller Due Diligence List

FedEx contractors who are in the market to sell their routes will inevitably be asked to provide a number of due diligence items for the buyer. Buyers ask for this information as a way to validate the information that has been presented to them in the preliminary stages of discussion.
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