Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Looking to buy FedEx routes Need Advice from owners
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="bacha29" data-source="post: 2988294" data-attributes="member: 58386"><p>The long standing general rule seems to continue to apply. The truck gets half the gross. the operator gets the other half of the gross. Then again if it's an employee you have your share of Social Security along with the absolute killer and that's workman's comp. Given that the average driver workday is around 10 hours in length and given your numbers then it looks guy the driver pay converted to a wage is about $13.50 per hour and probably as is in most cases with X contractors all straight time and no benefits. That compares to the $34 an hour and full benefits including paid OT that the average UPS person gets doing the same type of work.It therefore makes it quite clear that your survival is 100% dependent on your ability to somehow establish and maintain a very high productivity , very low turnover ,cheap labor operation . If you are confident that you can then have at it. At the same time the last I looked a leading business brokerage had 159 FXG multi route contacts on it's listings owned by people who believed the same.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2988294, member: 58386"] The long standing general rule seems to continue to apply. The truck gets half the gross. the operator gets the other half of the gross. Then again if it's an employee you have your share of Social Security along with the absolute killer and that's workman's comp. Given that the average driver workday is around 10 hours in length and given your numbers then it looks guy the driver pay converted to a wage is about $13.50 per hour and probably as is in most cases with X contractors all straight time and no benefits. That compares to the $34 an hour and full benefits including paid OT that the average UPS person gets doing the same type of work.It therefore makes it quite clear that your survival is 100% dependent on your ability to somehow establish and maintain a very high productivity , very low turnover ,cheap labor operation . If you are confident that you can then have at it. At the same time the last I looked a leading business brokerage had 159 FXG multi route contacts on it's listings owned by people who believed the same. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Looking to buy FedEx routes Need Advice from owners
Top