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The Competition
FedEx Discussions
FedEx tries to win customers from rival United Parcel Service Inc with price cuts!
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<blockquote data-quote="bacha29" data-source="post: 4111087" data-attributes="member: 58386"><p>Don't be so hard on them. Most if not all of the other contributors have been employees all their working lives and pay little attention to the many employment variables that exist outside their own employment experience. The major failing of those who tried X route contracting was a poor understanding of the impact that taxes had on their cash flow and just how hard you had to work to meet those requirements.Needless to say some didn't realize or even know about the need to send in quarterly estimates and fell behind badly And yes some at my station signed their lease and contract over to the next lucky contestant and went to work for UPS, as well as other carriers </p><p>The problem with Ground is that a poor setup to begin with is being badly over stressed. You have a parent corporation too dependent on it for earnings along with a growing number of route speculators wrenching every penny of profit it too can get out of it in an effort to flip that contract for big money .</p></blockquote><p></p>
[QUOTE="bacha29, post: 4111087, member: 58386"] Don't be so hard on them. Most if not all of the other contributors have been employees all their working lives and pay little attention to the many employment variables that exist outside their own employment experience. The major failing of those who tried X route contracting was a poor understanding of the impact that taxes had on their cash flow and just how hard you had to work to meet those requirements.Needless to say some didn't realize or even know about the need to send in quarterly estimates and fell behind badly And yes some at my station signed their lease and contract over to the next lucky contestant and went to work for UPS, as well as other carriers The problem with Ground is that a poor setup to begin with is being badly over stressed. You have a parent corporation too dependent on it for earnings along with a growing number of route speculators wrenching every penny of profit it too can get out of it in an effort to flip that contract for big money . [/QUOTE]
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FedEx tries to win customers from rival United Parcel Service Inc with price cuts!
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