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Is the FDXG ISP Driver Model sustainable long term?
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<blockquote data-quote="dmac1" data-source="post: 3555664" data-attributes="member: 60252"><p>That 200% turnover may cause you to go bankrupt. Too few drivers = too high pay, even if it is only short term. I don't know what your actual profit is, but is your 'profit' enough to pay extra even for a couple months, and still have enough left to live on? Guess my point is that an ISP needs to prepare for a couple months(or longer) reserve because current income goes to current operating costs for most. Hanging on and hoping that fedex will raise payments may be foolish. There is no way to plan ahead when the contract doesn't include an inflation clause. </p><p></p><p>Gas prices alone have so much potential volatility that if you have a buyer, it could be time to sell. Add in rising wages, inflation, and lower unemployment and you have a recipe for bankruptcy. Even the fuel supplement doesn't keep up with costs immediately, and with Trump making so many friends in the middle east, gas prices could jump by 50% pretty quickly. And now with refiners being able to sell refined gas on the world market, we aren't even assured a domestic supply even though we are technically a net exporter of energy.</p></blockquote><p></p>
[QUOTE="dmac1, post: 3555664, member: 60252"] That 200% turnover may cause you to go bankrupt. Too few drivers = too high pay, even if it is only short term. I don't know what your actual profit is, but is your 'profit' enough to pay extra even for a couple months, and still have enough left to live on? Guess my point is that an ISP needs to prepare for a couple months(or longer) reserve because current income goes to current operating costs for most. Hanging on and hoping that fedex will raise payments may be foolish. There is no way to plan ahead when the contract doesn't include an inflation clause. Gas prices alone have so much potential volatility that if you have a buyer, it could be time to sell. Add in rising wages, inflation, and lower unemployment and you have a recipe for bankruptcy. Even the fuel supplement doesn't keep up with costs immediately, and with Trump making so many friends in the middle east, gas prices could jump by 50% pretty quickly. And now with refiners being able to sell refined gas on the world market, we aren't even assured a domestic supply even though we are technically a net exporter of energy. [/QUOTE]
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Is the FDXG ISP Driver Model sustainable long term?
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