No. But if it were me, I wouldn’t sell them cheap.
So, you’d make payments on depreciating equipment in order to thumb your nose at your former customer?
No. Because I wouldn’t have to wait long. They’d need the trucks far sooner than I’d need to make payments.
Where I live, the go-to Ground vehicle is almost always an old ex-Express W700. These are pretty cheap rides, and are rebuildable essentially forever. I see very few new or newer Ground trucks, and this includes the line haul tractors. I'm guessing that truck payments aren't a huge cost for many contractors. Maintenance for sure, but purchase(s) not so much. Other parts of the country may be different.
Linehaul tractors can’t be more than 5-6 years old these days. They all need the new safety equipment or the contractor is on the hook for up to $75k in liability for accidents. There are very few old tractors left in network.
But I doubt Express will buy back trucks that were retired years before.
Not true. U n sam act like FedEx cares about the contractors. They could care a less bout both their employees! Welcome aboard
What do you think is not true?
The ramp handlers only get the $5 bump, they tried to take it away, and nearly half of the staff threatened to walk. new Handlers making more than new drivers, Ground has been taking some freight, unfortunately it usually comes back a few days later, local ground facility(its a big one) cannot handle our drop. We tried to give them our Dec 22-24rd XS and 2day... guess what we got back this week. I'm off the the next few weeks... can't wait to see what happens.
First of all. exactly who's underwriting the insurance contract? Is it FDX or a third party insurer? And I suppose like everything else that so called "independent contractor" has to pay for safety upgrades.
No big surprise there and as I’ve been saying, Ground will weasel out of delivering Express packages come hell or high water.
Most customers I talk to actually praise express in terms of speedy deliveries and say UPS is nowhere near in terms of timely deliveries. They just use them because they’re wayyyy cheaper than express. Like I’m talking more than 50% cheaper in most cases. You get what you pay for essentially
UPS service percentage has been higher than FedEx for a while. Might be lower in your location but nationwide UPS is higher.
UPs is not cheaper. Don't know where you get your information from but you need to check your facts bro.
Lol currently fedex stock has surpassed ups stock price mate.
they are cheaper by a lot actually.
Individual share price is not an indicator of overall company value. Try comparing Market Cap.
I'm sure it's coming. For real this time!
For one, I have no interest in addressing a stupid list of concerns of someone who hasn't worked for the company for years. For two, Artee addressed them very well.
