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Is FedEx legally obligated to negotiate in good faith with their contractors?
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<blockquote data-quote="bacha29" data-source="post: 4133413" data-attributes="member: 58386"><p><strong>" What A Fool Believes"......The Doobie Brothers.</strong> If the performance numbers provided to the purchaser were not independently audited and collaborated by the purchaser it's the purchaser's own dumb fault.</p><p>Now look there's not one single term or condition in the XG unilaterally drafted and implemented contract that XG considers binding upon itself because there's no governing legal authority with the power to make it binding. Unfortunately you bought the contract believing that it's value and profitability would go up. Trouble is you bought it from someone who was equally convinced that it's going to go down.</p><p>As for "negotiations" there's nothing to negotiate. XG has a pre established rate structure in place and there's no movement outside of that range. Not to mention the fact that as long as XG's DOT numbers are on the side of your bank financed truck and XG bar coded freight is the only freight going in it so what negotiating power do you have?</p><p>What person in their right mind would put all this borrowed money at risk in exchange for a one year, one sided, transportation supply contract that can be terminated for any reason or no reason at all?</p><p>God I hope this guy didn't put his retirement savings and or his house up as collateral . If he did he might as well start moving his furniture out because he's a dead man walking.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4133413, member: 58386"] [B]" What A Fool Believes"......The Doobie Brothers.[/B] If the performance numbers provided to the purchaser were not independently audited and collaborated by the purchaser it's the purchaser's own dumb fault. Now look there's not one single term or condition in the XG unilaterally drafted and implemented contract that XG considers binding upon itself because there's no governing legal authority with the power to make it binding. Unfortunately you bought the contract believing that it's value and profitability would go up. Trouble is you bought it from someone who was equally convinced that it's going to go down. As for "negotiations" there's nothing to negotiate. XG has a pre established rate structure in place and there's no movement outside of that range. Not to mention the fact that as long as XG's DOT numbers are on the side of your bank financed truck and XG bar coded freight is the only freight going in it so what negotiating power do you have? What person in their right mind would put all this borrowed money at risk in exchange for a one year, one sided, transportation supply contract that can be terminated for any reason or no reason at all? God I hope this guy didn't put his retirement savings and or his house up as collateral . If he did he might as well start moving his furniture out because he's a dead man walking. [/QUOTE]
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Is FedEx legally obligated to negotiate in good faith with their contractors?
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