How Do I Get A FedEx Route?

Is buying a route a good investment?

In Summary.

Buying a bread route can be a good investment, but, like any job, there are pros and cons to owning a route business.

The pros are that you get to be your own boss, set your own hours, make a steady income, and grow your business to increase your earnings..

Does FedEx hire independent contractors?

FedEx Ground outsources 100% of their routes to “independent contractors” who then turn around and hire their own drivers.

Is it worth buying a FedEx route?

Fedex Ground routes can be very profitable, although not immediately. You will need to buy the route and the truck (which vary in sizes) and then pay for things like insurance, but the routes can generate several hundred dollars a day in revenue.

How much do FedEx owner operators make?

How much does an Owner Operator Driver make at FedEx in the United States? Average FedEx Owner Operator Driver yearly pay in the United States is approximately $44,774, which is 79% below the national average.

How much money does a bread route make?

Salary and Qualifications The average salary for a bread delivery route salesman was $45,000 per year as of 2013, according to Indeed.

How do you become an owner operator for FedEx?

If you meet these general minimum requirements, then we’d like to hear from you:No more than two (2) moving violations within the last three (3) years, and a maximum of one (1) in the previous 12 months.Able to pass a Department of Transportation physical and drug test.A proper class CDL.

How do I get a FedEx delivery route?

To own a route with FedEx, you will have to sign a contract with FedEx and become an independent contractor. This means you are not an employee of FedEx and will not receive health insurance, a retirement plan, or other benefits from FedEx. Additionally, FedEx requires that your business is set up as a Corporation.

Why are so many FedEx routes for sale?

Retirement is the most common reason prompting a FedEx ISP to sell their route. The FedEx Ground brand officially launched in 2000, so many contractors have delivered packages for more than twenty years. … By selling their routes, retiring owners can also add a nice boost to their nest egg.

How far do FedEx drivers drive?

Originally Answered: how many miles per day does a FedEx or UPS driver drive on average? That answer varies from hub to hub, route to route. In my hub, there are several routes that average maybe 5 miles a day total, whereas the route I run averages 75-80 miles a day.

How much does it cost to buy a FedEx route?

Capital costs vary, Mike said, but a route usually costs around $30,000 without a truck or $40,000 to $50,000 with a used truck. A route owner can make an annual profit of $30,000 to $50,000 on a single route, he said. Each business has a unique contract with FedEx that outlines the terms of how they’ll be paid.

How do I become an independent contractor for FedEx?

The qualifications for work as an independent contractor for FedEx Ground include:At least one year of commercial driving experience within the last three years;Have no record of positive alcohol or drug test;Have a current commercial driver’s license; and.Be able to cross the border into Canada.

Does FedEx sell delivery routes?

A FedEx Home Delivery Route will typically deliver online orders and personal deliveries. These routes serve commercial accounts and generally operate Monday through Friday. A FedEx Ground Route might service local businesses, hospitals, schools, etc.

How much do Amazon Route owners make?

A delivery fleet owner with 20 to 40 vans can potentially earn $300,000 a year, Amazon says.

Do FedEx drivers have to buy their own trucks?

FedEx is made up of Express, where drivers are employed by the company and the company supplies the truck. On the FedEx Ground side, you have CSP’s or contracted service providers. They own the trucks and routes and the drivers work for the CSP, not FedEx Ground. … No they don’t pay for truck or routes.

How much do FedEx Custom Critical drivers make?

The Indeed.com average driver salary at FedEx Custom Critical is $67,128 per year. FedEx employees may receive the following benefits: Salary increase based on individual performance.

How does owning a FedEx route work?

In a nutshell, route owners inherit an established book of business and need to purchase the equipment necessary to successfully do the work. When it comes to FedEx routes, individual owners set their workers pay, which can be hourly or daily. Within legal and FedEx guidelines, the owner sets the wage and frequency.