A short time ago Cramer had Raj as a guest on his show. Cramer waved in front of Raj this for sale Ground route in NYC for $913,000. Cramer asked Raj : "How can you trust these guys". Raj replied" It's a good business and we have very high contracting standards" In response Cramer said :'I'm going to buy this contract". If it was so good...why is it for sale? He'll soon find out.
Still comes back to the same old thing. Getting some guy to go out there everyday in good weather and bad and bust his feces chute for a hell of a lot less money. And if that contractor has to end up giving that guy everything the route makes and the truck still sits in the station because he can't get anybody.....then you have to wonder.....who in their right mind wants to be doing this? And in the end if it best serves the interest of the company....you're an employee. If it results in the divestiture of risk, liability and variable costs....you're a contractor. That much will never change.
Still comes back to the same old thing. Getting some guy to go out there everyday in good weather and bad and bust his feces chute for a hell of a lot less money. And if that contractor has to end up giving that guy everything the route makes and the truck still sits in the station because he can't get anybody.....then you have to wonder.....who in their right mind wants to be doing this? And in the end if it best serves the interest of the company....you're an employee. If it results in the divestiture of risk, liability and variable costs....you're a contractor. That much will never change.