I would thin someone services it in their contract right now. It would still be that entity who is responsible for it. If it is owned by a single that is trying to sell and nobody wants it I would have no idea.
fedex transition
- Thread starter echo
- Start date
Fedex will have no problem finding someone who believes their promise of large profits and infinite income growth potential to take the route that current employees find unprofitable.
It will be fine
Well-Known Member
We had some open area during transition. Everyone that bordered the area put in a bid and FedEx gave it to one. I'd be surprised if no one wanted it, if anything just a desperate guy trying to get to scale.
It will be fine
Well-Known Member
Every contractor that is near the area can expect to hear something along these lines from management, "We want contractors that want to grow their business. If you aren't interested in servicing this area maybe you won't be a good candidate for an ISP contract."
I feel a bit bad for the states that have a 5 year timetable. Management will use that threat for every little thing that goes wrong between now and stand up date.
I feel a bit bad for the states that have a 5 year timetable. Management will use that threat for every little thing that goes wrong between now and stand up date.
Yeah that sounds about right.
Yes !! Its kind of like musical chairs the last guys not at scale are easy pickings for the contractors already at scale. If you have to team up with other 1-2 route guys to get up to scale then after ISP transition sell the CSA and split the money 5 ways. Just remember fedex will want these new CSA to be together, another words the 5 routes need to touch each other. They won't let you just add 5 random PSA and put them together. They get to approve any PSA sells or transfers.
MrFedEx
Engorged Member
Gee, sounds like Uncle Fred really has your back, doesn't it? What should it tell you when a company wants you to sign waivers, screws over existing contractors, and won't let your lawyer be present when you sign on the dotted line?
For an "independent business", it sure seems like the corporation holds all the cards and is pulling the strings. Fred S is the ultimate weasel, and a weasel can't deny it's instincts to kill chickens.
As someone else said along the lines of chickens, it's like having Colonel Sanders make the decisions about who survives in the henhouse.
As I learn more and more about the ISP format and I thank those of you for educating me in regard to this format it is clearly a business model that will be damn near impossible to inplement in depressed rural areas like the one I live in. It is a model that is unquestionably designed for a metropolitan area in a warm climate with flater terain a modern highway system with high population density and high percapita consumption. The farther removed you are from this setting the harder it will be for you to implement in exchange for returns that can preserve equity. It will only be a matter of time when every contractor working in a depressed rural area will ask:" Why work for nothing when you can do nothing for nothing"?
It will be fine
Well-Known Member
Isn't that true for just about every business? You can make more money if you run a business where people actually live and consume goods and services.
Cactus
Just telling it like it is
That's not insight it is opinion. Do you honestly believe any of us think he has our best interest at heart. If that is insightful to you my kid has some Bearenstain Bear books you may find rather intriguing.
When I do look for "insight" it comes from others actually in the business not disgruntled express employees (outsiders).
Don't have to look far to validate my facts. Just because they aren't posting on this board doesn't mean there are not hundreds of us making good money, growing, and thriving. Ex wants the job done cheap hence the model goes nowhere and for most like me that plan to be in 5-10 years it works just fine.
The cold reality is this. The single minded
goal of X is to protect preserve and grow SHAREOLDER EQUITY Now that the share price has fallen from 185 to 125 neccessitating a rather large and costly (3.25Billion) share buyback. Needless to say that ISP contractors while during their so called "negotiation" need to be prepared to encounter an X in no mood to seriously "negotiate". To a much higher degree than before contractors can expect to encounter a "here's the offer. If you don't like it what are you going to do about it" mentality.
goal of X is to protect preserve and grow SHAREOLDER EQUITY Now that the share price has fallen from 185 to 125 neccessitating a rather large and costly (3.25Billion) share buyback. Needless to say that ISP contractors while during their so called "negotiation" need to be prepared to encounter an X in no mood to seriously "negotiate". To a much higher degree than before contractors can expect to encounter a "here's the offer. If you don't like it what are you going to do about it" mentality.
STFXG
Well-Known Member
Why can't you make money in ISP in a rural area? The business model has always leaned toward more dense areas. That doesn't mean rural areas can't make decent money. Under IC rural routes have always been set up to make around the same profit as a city route. They just have slower growth.
The difference is and this is under the core zone formula which is still in effect at my barn until ISP is completed. Now at one of the zips I covered had a stem mileage of 25 miles That's driving in a straight line however every morning 8 rural mail carriers left that Zip' s post office to go out and service that zips 480 mile rural carrier net work and I was right out there along with them.Therefore instead of what would be a 60 mile day covering the in town portion of that zip which is what the CZ was based on. It instead ended up a 155 to 180 mile trip Why?because when they set up the routes when the terminal was about to open they just sat there in the office with a road map . Never went out and measured the R.D network that stretched across 3 large rural counties. There were numerous other similar examples within the area I serviced. When i sold and left the guy who bought the route immediately had to put a full time supplemental on just to go out and cover the the R.D's because the one and only guy he could find to run the route would only do the in town portion refusing to stay out to 9PM or later every day trying to do both in town and the R.D's even when offered overtime. Sure I barked about it but what did it get? Nothing . The core zone formula was the governing formula despite it's failings . AS far as growth goes STFXG. The average percapita income in my service area $16,000per year. How much growth are you going to have in a business that is based on consumption and a population that is declining in number?
Similar threads
