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FedEx Discussions
Is there any reason for FedEx to keep contractors?
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<blockquote data-quote="bacha29" data-source="post: 5743075" data-attributes="member: 58386"><p>Points to what their entire objective has been right from the beginning.</p><p>It was to get you to spend your money so they didn't have to spend theirs on the parts of the business that are the most volatile and margin stressed while keeping the best parts of it for themselves and chained the individual to their DOT tags and to the task of hauling only their freight. </p><p></p><p>This was clearly evidenced by the fact that the contract contained no language that recognized contractor equity participation in the venture. </p><p></p><p>Clearly the best times have have come and gone and only the most rate sensitive shippers will be willing to deal with FDX.</p><p></p><p>On the other hand I was impressed with the number of FDX Freight doubles and 53's I saw out on the interstate yesterday. With Yellow gone there's simply not many LTL's left in that sector. Freight in the end might ended up the strongest of the OPCO's.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5743075, member: 58386"] Points to what their entire objective has been right from the beginning. It was to get you to spend your money so they didn't have to spend theirs on the parts of the business that are the most volatile and margin stressed while keeping the best parts of it for themselves and chained the individual to their DOT tags and to the task of hauling only their freight. This was clearly evidenced by the fact that the contract contained no language that recognized contractor equity participation in the venture. Clearly the best times have have come and gone and only the most rate sensitive shippers will be willing to deal with FDX. On the other hand I was impressed with the number of FDX Freight doubles and 53's I saw out on the interstate yesterday. With Yellow gone there's simply not many LTL's left in that sector. Freight in the end might ended up the strongest of the OPCO's. [/QUOTE]
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Is there any reason for FedEx to keep contractors?
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