Federal Express 2005 Annual Report Download - page 35

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FedEx does more than serve small businesses. It helps
create them.
Nick Ciardiello is one of thousands of independent con-
tractors who pick up, transport and deliver packages
for FedEx Ground and its residential service, FedEx
Home Delivery.
The FedEx Ground business model allows the Woodbridge,
N.J., contractor to be his own boss — and a successful
small business. Ciardiello owns 16 trucks and operates 10
routes. He hires the workers he wants — a diverse group
of 19 employees — while having one of the world’s best-
known brand names behind him. He also benefits from
the FedEx global sales force, which steadily increases the
number of packages he delivers. This can make his
routes more valuable every year, since FedEx pays him
based on volume as well as reliable performance.
This opportunity appeals to entrepreneurs who are willing
to make the investment to get started in the business. In
addition to the initial acquisition fee for the route, FedEx
Ground contractors pay for their own trucks, insurance,
uniforms, fuel and maintenance. And they’re responsible
for serving their routes safely and efficiently.
While it requires a lot of hard work, it can be a good long-
term investment. It’s not uncommon for FedEx Ground
contractors to resell the rights to their routes at an
attractive profit. Or, like Ciardiello, to continue to grow their
business by carrying out their duties with the reliability and
spirit the world expects from someone in a FedEx uniform.
“The best part about it is being the boss,” Ciardiello said.
“I can still climb into a truck and handle my share of
stops when I have to, but working with FedEx Ground has
given me the opportunity to become a total manager.”
fedex.com/us/careers/independentcontractors.html
The FedEx contractor model lets thousands build their own future.