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Question: Is now a good time to buy a FedEx Ground Route?
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<blockquote data-quote="bbsam" data-source="post: 578985" data-attributes="member: 22662"><p>Sure. $1.54/stop $0.24/package delivered $0.18/package picked up. </p><p> $45/day "van availability" (truck payment)</p><p> core zone pay </p><p> fuel supplement based upon $1.25/gallon.</p><p> monthly bonuses based upon quantifiable customer satisfaction goals. </p><p>annual bonuses from $500 to $2000 depending upon number of years with contract.</p><p>added service bonus (surpassing threshold levels on a given route)</p><p>matching money to service account (keep $1000 in company account and company adds $200 every quarter. yes that is an %80 return per contract)</p><p>multiple route bonus ($1500 to $6500 per quarter depending upon the number of contracts held) </p><p></p><p>Core Zone pay is a method of prorating for high and low density stop and package areas. High density areas are usually $0 and routes run 130 to 200 stops per day, 300-400 packages per day. High density with long stems (60-80 miles to the first stop) have a core zone of around $70 per day. Low density areas have Core Zone pay of $100-$120 per day. The prorating occurs when a route moves from high to low density areas.</p><p> 40 stops in a $100 core zone</p><p> 60 stops in a $50 core zone</p><p> 40% of $100 = $40</p><p> 60% of $50 = $30</p><p>thererore the core zone pay for this route on this day would be $40+$30=$70</p><p></p><p>Fuel supplement calculations were designed back before anyone really believed that fuel would top $1.25/gallon. I don't have a table with me, but the math is fairly straight forward. The company bases it's number on a truck getting 9 miles per gallon. If a route drives 180 miles in a day the company would figure on 20 gallons of fuel. There is a table available that gives lowest fuel prices within six miles of each terminal on any given day. If fuel is $2.50/gallon, the chart would accurately reimburse the contractor $1.25/gallon or $25. This is one of the gray areas I like to exploit. I use a minivan that gets almost twice the mileage and I usually fill up across the river where fuel often runs $0.10 to $0.15 cheaper. Add to that fact when gasoline prices run quite a bit cheaper than diesel, I save even more.</p><p></p><p>There is probably alot more that I am leaving out, but this is a rough idea. Hope I didn't bore you.</p></blockquote><p></p>
[QUOTE="bbsam, post: 578985, member: 22662"] Sure. $1.54/stop $0.24/package delivered $0.18/package picked up. $45/day "van availability" (truck payment) core zone pay fuel supplement based upon $1.25/gallon. monthly bonuses based upon quantifiable customer satisfaction goals. annual bonuses from $500 to $2000 depending upon number of years with contract. added service bonus (surpassing threshold levels on a given route) matching money to service account (keep $1000 in company account and company adds $200 every quarter. yes that is an %80 return per contract) multiple route bonus ($1500 to $6500 per quarter depending upon the number of contracts held) Core Zone pay is a method of prorating for high and low density stop and package areas. High density areas are usually $0 and routes run 130 to 200 stops per day, 300-400 packages per day. High density with long stems (60-80 miles to the first stop) have a core zone of around $70 per day. Low density areas have Core Zone pay of $100-$120 per day. The prorating occurs when a route moves from high to low density areas. 40 stops in a $100 core zone 60 stops in a $50 core zone 40% of $100 = $40 60% of $50 = $30 thererore the core zone pay for this route on this day would be $40+$30=$70 Fuel supplement calculations were designed back before anyone really believed that fuel would top $1.25/gallon. I don't have a table with me, but the math is fairly straight forward. The company bases it's number on a truck getting 9 miles per gallon. If a route drives 180 miles in a day the company would figure on 20 gallons of fuel. There is a table available that gives lowest fuel prices within six miles of each terminal on any given day. If fuel is $2.50/gallon, the chart would accurately reimburse the contractor $1.25/gallon or $25. This is one of the gray areas I like to exploit. I use a minivan that gets almost twice the mileage and I usually fill up across the river where fuel often runs $0.10 to $0.15 cheaper. Add to that fact when gasoline prices run quite a bit cheaper than diesel, I save even more. There is probably alot more that I am leaving out, but this is a rough idea. Hope I didn't bore you. [/QUOTE]
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Question: Is now a good time to buy a FedEx Ground Route?
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