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Question: Is now a good time to buy a FedEx Ground Route?
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<blockquote data-quote="barnyard" data-source="post: 569387" data-attributes="member: 13921"><p>I would ask, "Why are these routes available??"</p><p></p><p>In the latest financial news, Fed Ex posted a loss. I know there were special charges and all that, but it's a loss none the less. Right now, times are tough. What is the plan for tough times??? </p><p></p><p>You say the $75,000 includes 2 trucks. What happens if volume were to fall to where it is really only 1.5 or 1.25 routes (meaning that one route is full time, the other can easily be done in 3-4 hours or less.)??? I am not just talking about what to do with the driver, but less packages delivered, means less money paid to you from FedEx. Will you be able to pay our loans and meet operating expenses if that happens???</p><p></p><p>Are you protected when fuel prices go up???</p><p></p><p>I would be interested to know how many contractors file for bankruptcy. Some do, just because they are terrible business managers, some do because they have a horrible territory. What are other reasons???</p><p></p><p>To me, it seems like you would be taking all the down-side risk.</p><p></p><p>TB</p></blockquote><p></p>
[QUOTE="barnyard, post: 569387, member: 13921"] I would ask, "Why are these routes available??" In the latest financial news, Fed Ex posted a loss. I know there were special charges and all that, but it's a loss none the less. Right now, times are tough. What is the plan for tough times??? You say the $75,000 includes 2 trucks. What happens if volume were to fall to where it is really only 1.5 or 1.25 routes (meaning that one route is full time, the other can easily be done in 3-4 hours or less.)??? I am not just talking about what to do with the driver, but less packages delivered, means less money paid to you from FedEx. Will you be able to pay our loans and meet operating expenses if that happens??? Are you protected when fuel prices go up??? I would be interested to know how many contractors file for bankruptcy. Some do, just because they are terrible business managers, some do because they have a horrible territory. What are other reasons??? To me, it seems like you would be taking all the down-side risk. TB [/QUOTE]
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Question: Is now a good time to buy a FedEx Ground Route?
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