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FedEx Discussions
What is YOUR plan FEDEX?
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<blockquote data-quote="bacha29" data-source="post: 1963554" data-attributes="member: 58386"><p>Thanks guys, great interaction. As all of you know, the grim reality surrounding the ISP format is that it provides FXG with the opportunity to effect even greater command and control over people they claim are independent contractors The so called "getting up to scale" is simply a demand for an even larger capital infusion from the contractor. In the vast majority of the time it's borrowed money yet the contractor has absolutely no control over the fate of that borrowed money. Oh, there may be a little bit of money to be made but the undisputed fact is that the risk/reward ratio will continue to shift to an even greater degree to the side of risk. And with the other operating units experiencing margin deterioration (just look at their operating results) contracting for FXG will become more challenging. So leave yourselves an out and don't assume for a moment the big money some of those routes were sold for in the past will continue into the future.</p></blockquote><p></p>
[QUOTE="bacha29, post: 1963554, member: 58386"] Thanks guys, great interaction. As all of you know, the grim reality surrounding the ISP format is that it provides FXG with the opportunity to effect even greater command and control over people they claim are independent contractors The so called "getting up to scale" is simply a demand for an even larger capital infusion from the contractor. In the vast majority of the time it's borrowed money yet the contractor has absolutely no control over the fate of that borrowed money. Oh, there may be a little bit of money to be made but the undisputed fact is that the risk/reward ratio will continue to shift to an even greater degree to the side of risk. And with the other operating units experiencing margin deterioration (just look at their operating results) contracting for FXG will become more challenging. So leave yourselves an out and don't assume for a moment the big money some of those routes were sold for in the past will continue into the future. [/QUOTE]
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