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The Competition
FedEx Discussions
Independent contractor routes that net over 1,000,000 a year
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<blockquote data-quote="Crozz" data-source="post: 1862579" data-attributes="member: 57606"><p>FedEx is not just terminating contracts just because, they are switching to ISP and if your not at scale then you are on the wrong end of what FedEx wants and because of that they are letting these guys go. For the guys that are at scale and run their business right FedEx has no interest in running it themselves period. And for the comment about values of routes no investor is looking at the value of the vans. The only thing an investor wants is the contracts. Most smart investors know that their is a reason the contractor is selling and that's because they can't handle it nor do they know how to run a real business. Contractors where good on a 1 route contract when it involved having employees and running the route right they folded just a fact. Been around ten years and seen this happen over and over in two different terminals.</p></blockquote><p></p>
[QUOTE="Crozz, post: 1862579, member: 57606"] FedEx is not just terminating contracts just because, they are switching to ISP and if your not at scale then you are on the wrong end of what FedEx wants and because of that they are letting these guys go. For the guys that are at scale and run their business right FedEx has no interest in running it themselves period. And for the comment about values of routes no investor is looking at the value of the vans. The only thing an investor wants is the contracts. Most smart investors know that their is a reason the contractor is selling and that's because they can't handle it nor do they know how to run a real business. Contractors where good on a 1 route contract when it involved having employees and running the route right they folded just a fact. Been around ten years and seen this happen over and over in two different terminals. [/QUOTE]
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