8 Reasons We Like FedEx Ground as a Tenant for our DST 1031 Exchanges

Image of 8 reasons Cove Capital Investments likes FedEx Ground
  1. FedEx had an annual revenue of $65.5 billion in 2018
  2. FedEx employs 450,000 team members worldwide
  3. FedEx receives over 150 million package-status tracking requests daily
  4. FedEx is supported by 2,15 FedEx Express stations with 13 Air Express Hubs, over 600 Operating Facilities with 39 Ground Hubs, about 370 FedEx Freight Service Centers, and about 1,900 FedEx Office Locations
  5. FedEx moves an average of 15 million shipments each business day
  6. FedEx has been recognized by Fortune Magazine as one of the top “100 Best Places to Work For” (2018) and No. 9 among “World’s Most Admired Companies” (2018), by Forbes Magazine as “World’s Most Valuable Brands” (2018), and by Bloomberg Businessweek Magazine as among “The Civic 50” listing of American’s most community-minded companies (2018)
  7. FedEx had over 55 million unique visitors online per month in 2018
  8. FedEx ships to over 220 countries and territories

Sources: https://about.van.fedex.com/our-story/company-structure/corporate-fact-sheet/