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
Peak 2019 started this Sunday!
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: 4262107" data-attributes="member: 58386"><p>What is going on here is a race to the bottom of the cheap freight rate trucking business. Materially assisting in the process are these "entrepreneurs" as X likes to call them, multi route contractors whose two fold task is to bust both the wage and benefit standards the Teamsters are fighting to preserve and efforts by the Teamsters to gain additional workforce representation. </p><p></p><p>Now they're doing this with the belief that they're reward in the end is the ability to unload the mess they helped to create onto some poor unsuspecting slug who doesn't know what he's getting into for some ridiculous price that's many times more than what the contract's worth leaving the new guy with a completely eviscerated rate structure and a local labor pool completely devoid of workers willing to go through the daily hell running a Ground route in exchange for fast food wages and zero benefits. </p><p></p><p>The only problem with this way of thinking is that once a pattern of margin erosion is established along with a horrific driver turnover due to low wages and zero benefits the investor class who to this point was been the price maker when it comes to buying up contracts may decide to look elsewhere in their quest for return on investment.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4262107, member: 58386"] What is going on here is a race to the bottom of the cheap freight rate trucking business. Materially assisting in the process are these "entrepreneurs" as X likes to call them, multi route contractors whose two fold task is to bust both the wage and benefit standards the Teamsters are fighting to preserve and efforts by the Teamsters to gain additional workforce representation. Now they're doing this with the belief that they're reward in the end is the ability to unload the mess they helped to create onto some poor unsuspecting slug who doesn't know what he's getting into for some ridiculous price that's many times more than what the contract's worth leaving the new guy with a completely eviscerated rate structure and a local labor pool completely devoid of workers willing to go through the daily hell running a Ground route in exchange for fast food wages and zero benefits. The only problem with this way of thinking is that once a pattern of margin erosion is established along with a horrific driver turnover due to low wages and zero benefits the investor class who to this point was been the price maker when it comes to buying up contracts may decide to look elsewhere in their quest for return on investment. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Peak 2019 started this Sunday!
Top