That will have to be worked out between the two contractors. Trading portions of the areas to create efficiency.So it will be one contractor servicing the area or two?
That will have to be worked out between the two contractors. Trading portions of the areas to create efficiency.So it will be one contractor servicing the area or two?
No. Those will be announced next month when they give out the transition schedule.Did they give scale requirements?
My sources are telling me that there are meetings scheduled tomorrow in Pa and NY. These are states that have nearly completed ISP transition. As for the number of routes I have been told 5 but in small barns 4 will do. But given the time and expense setting up meetings nationwide there has to be more to it. As for share buyback 25 million at 130 bucks is 3.25 billion. That's 10% of it's market cap. No small piece of change considering that the just bought out TNT for 5 billion in cash and guess where the money is going to come from.?So "getting up to scale" is not going to be the problem, the problem is finding a guy who is willing to work for nothing in order to keep you at scale.
The HD routes stay the same they just operate Mondays as well. The brand is gone.
You will not have two contractors in the same service area. HD is not going anywhere just the brand name. One contractor will be servicing the area with ground and home and servicing the area completely. HD packages will still be hand loaded and ground loaded. Just like they do in co locations.So it will be one contractor servicing the area or two?
Not exactly what plaintiffs expected when they sued to be classified as employees, but yeah.I just heard through the grape vines that some contractors just got screwed today
Not exactly what plaintiffs expected when they sued to be classified as employees, but yeah.
I don't argue against any of that. However, IC law doesn't dictate "no control".Fedex could have made all the so-called ICs really independent, which would have been totally acceptable, but since they need the control, they couldn't give that much independence.
I still think that fedex's new ISP model is really at best a 'franchise' model, and that will create its own problems soon enough.
We can discuss generalities, you're just not supposed to talk about specifics and actual numbers. That said, if I were interested in purchasing your routes I would need to see the numbers on your contract and I'm always looking for opportunities to expand.Major confidentiality in regards to ISP contract they won't be able to share much with you.
YesMy question is in the current isp states is HD and ground still seperate?