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UPS contract hurts or helps FedEx?
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<blockquote data-quote="bacha29" data-source="post: 5669945" data-attributes="member: 58386"><p>It would appear that this is how it's going to work.</p><p>FDX will still be around for awhile The trouble is it's never going to be America's premier small package carrier. It will be a second or third tier discount carrier. Contractors will continue to be pressured to place even more borrowed money at risk just to buy the fastest depreciating piece of equipment known to the US economy along with a 1 year contract that provides the contractor and his equity participation with zero protection.</p><p></p><p>The condition will only go on until neither the contractor nor the guys who work for them are willing to accept those terms and the driver pay it has to offer.</p><p></p><p>While the new UPS/IBT contract is expensive if I had to place a bet on which one UPS or Fedex will gain market share in the days ahead I would put my money down on UPS.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5669945, member: 58386"] It would appear that this is how it's going to work. FDX will still be around for awhile The trouble is it's never going to be America's premier small package carrier. It will be a second or third tier discount carrier. Contractors will continue to be pressured to place even more borrowed money at risk just to buy the fastest depreciating piece of equipment known to the US economy along with a 1 year contract that provides the contractor and his equity participation with zero protection. The condition will only go on until neither the contractor nor the guys who work for them are willing to accept those terms and the driver pay it has to offer. While the new UPS/IBT contract is expensive if I had to place a bet on which one UPS or Fedex will gain market share in the days ahead I would put my money down on UPS. [/QUOTE]
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UPS contract hurts or helps FedEx?
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