Ground booth no Spencer Patton
- Thread starter zeev
- Start date
When they can no longer get people to put their own money at risk for the sake of a venture that offers nothing but increased volatility and shrinking margins then it's all over for Fedex Ground.
What’s a Hround booth?
burrheadd
KING Of GIFS
zeev
Well-Known Member
Patton is pumping out YouTube videos like crazy , they say it’s just an illusion that there are many Ground routes for sale, as they continuously push more routes for sale with trucks and so called equity. I think it’s much worst because there are lots of Ground trucks with the decal ripped off for sale.
When was Patton’s last video? I haven’t seen anything for awhile.
Why? They’ll just start pumping equity back into the model. Rinse and repeat.
This is a company that raised its dividend payments 53% last year at this time. It isn’t a poor company. Why would they abandon what they’ve learned to harvest?
Should have been more specific. I meant getting people to put their own money at risk just to buy a bunch of (for the lack of a a better description) "profit challenged" routes.
MrFedEx
Engorged Member
I'm thinking a bunch of W700s and various other stepvans with the logo recently removed is the sign of a "winning" business strategy. We both know that a lot of people who "invest" in Ground routes have no idea of what they're getting into.
Cactus
Just telling it like it is
We’ll call it quicksand.
It will be fine
Well-Known Member
https://business.cch.com/ald/fedexVroute03102023.pdf
Looks like the court dismissed FedEx’s case since FedEx did not actually make any argument that Spencer’s claims were false.
Looks like the court dismissed FedEx’s case since FedEx did not actually make any argument that Spencer’s claims were false.
Too many far bigger problems?
It will be fine
Well-Known Member
I think the entire point of the suit was to silence Spencer and scare the rest of the contractors. Looks like it worked.
Serves as a reminder to contractors that the power of the company will never be challenged.
SmithBarney
Well-Known Member
This isn't true, no cut off jeans tank tops or flip flops to be seen... they all appear to have their seatbelts on too..
Code 82 Approved
Titanium Plus+ Level Member with benefits!
I had a car from the 60s that had hounds tooth pattern in the trunk, I guess what you’re speaking of is for someone that’s missing a few teeth or a person suffering from the mumps.
Route Consultant Prevails in Logistics Legal Battle With FedEx Ground: Court of Appeals Decision
/PRNewswire/ -- On Monday, April 1, the United States Court of Appeals for the Sixth Circuit ruled in favor of Route Consultant following arguments presented...
www.prnewswire.com
Then again, maybe it will be.
Fred's Myth
Nonhyphenated American
And heeeeeeeere’s Bacha! (Ed McMahon)Route Consultant Prevails in Logistics Legal Battle With FedEx Ground: Court of Appeals Decision
/PRNewswire/ -- On Monday, April 1, the United States Court of Appeals for the Sixth Circuit ruled in favor of Route Consultant following arguments presented...
Then again, maybe it will be.
