As a FedEx service provider, your week revolves around one thing: the settlement statement. That single, powerful document arrives like a report card, a detailed summary of your team’s cumulative hard work. It's the pulse of your business, and for many, it's the only metric that truly matters.
But what if we told you that focusing solely on your weekly settlement is like trying to navigate a vast ocean with only a tide chart? While it tells you what happened, it doesn't give you the full picture of your operational health, profitability, and long-term business value. To truly understand and grow your business, you need to look beyond the settlement statement and dive into a handful of core financial metrics that tell the real story of your operation.
This article will break down the five most important financial metrics for FedEx contractors. These aren't just numbers; they are powerful diagnostic tools that, when monitored regularly, can unlock unprecedented growth and profitability.