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FedEx Discussions
Should I buy some routes?
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<blockquote data-quote="fedexbuyer1" data-source="post: 1266886" data-attributes="member: 51919"><p>Bbsam and the other contractors.....I really appreciate your help.</p><p> </p><p>I searched around on the net and found an article about a contractor in Dallas. I searched his name and found a cell number on his old business website. I called his cell and left a message. He called me back and said that he owned 11 routes with 4 supplementals. Last year he grossed $1.2m and lost $11k.</p><p> </p><p>He said the business is a bust and he sold out. He said he was the FedEx poster child for years but then the biz changed in 2010 and some of the bonuses went away. He said that the payouts aren't what they used to be. He said FedEx doesn't have the money to buy out the contractors so they are starving them out.</p><p> </p><p>I was shocked. He said I should RUN from this investment. What do you guys think about what he said?</p></blockquote><p></p>
[QUOTE="fedexbuyer1, post: 1266886, member: 51919"] Bbsam and the other contractors.....I really appreciate your help. I searched around on the net and found an article about a contractor in Dallas. I searched his name and found a cell number on his old business website. I called his cell and left a message. He called me back and said that he owned 11 routes with 4 supplementals. Last year he grossed $1.2m and lost $11k. He said the business is a bust and he sold out. He said he was the FedEx poster child for years but then the biz changed in 2010 and some of the bonuses went away. He said that the payouts aren't what they used to be. He said FedEx doesn't have the money to buy out the contractors so they are starving them out. I was shocked. He said I should RUN from this investment. What do you guys think about what he said? [/QUOTE]
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