FedEx Ground’s largest contractor warns delivery collapse coming due to inflation

Route Consultant founder and president Spencer Patton explains how FedEx Ground’s delivery network is at risk of collapse due to inflationary pressures. #FOXBusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusiness.com
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness

[@2216sammy]

This is 100% intentional and it's going to get a hell of a lot worse .

[@nofiltersyoutuber8537]

Yes it is unless someone steps up and stops this bs

[@shempshempleton4746]

FACT.

[@verbalkint1770]

@@nofiltersyoutuber8537 greed and pension loss will do its job.

[@standupamerica5707]

Waged war always does get a lot worse, and this one is no exception. The problem is when the point of no return happens. The govt Grand Standing BS, with all talk and no action brings that into reality. The people better get a clue with time running out now.

[@Mike_MFn_Jones]

☺ psst .. hey mack Need a delivery..we know somebody

[@ImpetuouslyInsane]

Let me see if I get this right: FedEx ground is charging customers a surcharge for fuel usage, but the contractors that are actually using the fuel are not getting any of that money? That's got to be grounds for litigation, because at that point they're pilfering the customer at the expense of their contractor to up their profits. That has got to be the slimiest thing I have heard in a minute.

[@policani]

Their Airplanes use fuel.

[@scoobynoddabot..3163]

Good point

[@MyBichSustained]

Only a minute?

[@gilzuniga6692]

@@policani FedEx ground is separate than FedEx Express.

[@ridge6496]

That sounds accurate! There is a ton of slime balls in trucking. Freight brokers like CH Robinson are among the worst. Its despicable what they get away with.

[@erickbetancourt896]

Wow, passing fuel costs to consumers and not aiding the contractors when they are the ones purchasing the fuel is a complete disgrace. Shame on you FedEx!!

[@travelwithtony5767]

I’m pretty sure you would be the first person to complain if FedEx raised their shipping prices tho.

[@mwall1296]

@@travelwithtony5767 They DID raise their rates by adding a surcharge for fuel. Fuel prices DID NOT change the cost of delivery to FedEx. The fuel cost to deliver a package to the customer DID GO UP to the small delivery contractors. Fedex has NO BUSINESS charging a fuel surcharge and KEEPING that money. FedEx SHOULD PASS THE FUEL SURCHARGE TO THE PERSON BUYING THE FUEL.

[@tylersmith2716]

@@travelwithtony5767 cool comment….it’s about fed ex stop “taking the high road” and offer something beneficial about the business. Why are you talking like you know this guy?

[@FaisalKhan-wf8ys]

100% correct. I run a small transportation business (semis). Shippers who pay fs goes to brokers who are supposed to give it to transporters. Doesn't happen. They pocket it. Bankruptcies and repos are on the rise as we speak because of greed.

[@yidy1]

Guys, lets upvote this comment please!

[@roseroland1998]

So we're going to spend $700b to solve the inflation problem....? You have to respect the audacity to name a bill with $700 Billion of new spending the "inflation reduction act" With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains. Sure I'm all in on the long term game, but with my savings lying waste to inflation and my portfolio losing gains daily, I need a remedy ASAP!!

[@kansasmile]

Building a good financial-portfolio has been more complex since covid then we now face the worse inflation in decades, so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.

[@kansasmile]

@Stanley Edwin That's right, I started investing sometime in 2018 and by late 2021, I pulled out a profit of over $750k with no prior investing knowledge or skills. I was basically just following the guidelines set by my Investment-Adviser. So you don't necessarily need to be a perfect investor or do the hard works, just have a pundit who guides & mentors you.

[@kansasmile]

@Stanley Edwin I am being guided by Theresa Mary Chamblee who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

[@stephenkalatucka6213]

I don't think it's going to be much of a holiday "rush" what with outrageous prices, fear of layoffs, people won't feel like splurging. My kids are actually hoping for a lump of coal, so we can have heat.

[@marvthedog1972]

only if you have a coal stove to burn it in

[@RJ1999x]

So you're not believing the Biden administration, that we have a booming economy and ,0 inflation?

[@KirksCORNER]

Oh it will be still it's called credit cards and debt will soar just watch and wait!!.

[@RJ1999x]

@@KirksCORNER already is

[@ImpetuouslyInsane]

@@KirksCORNER Does credit cards are already maxed out, dude.

[@TheSGBrown]

When shipping and taxes soon cost MORE than many items ordered from AMAZON, buyers simply won't buy. . .

[@dwayne7356]

Which cause me to question how they can sell stuff cheaper than everybody else with free shipping. I can't ship anything via USPS or UPS for less than $1 a lbs. for general postage.

[@silverbackag9790]

I’m buying everything I can my hands on…food, solar system stuff, spare parts for everything…

[@scoobynoddabot..3163]

Yes they will.

[@scoobynoddabot..3163]

@@dwayne7356 think about it. Millions of people pay for prime and don't use it often. They get the crap they sell for pennies on the dollar. It's not rocket science

[@scoobynoddabot..3163]

@@dwayne7356 it's break a bot account in Friday I see

[@wayneanderson8034]

The goal is to make every employee everywhere an independent contractor. All the things that took 100 years to get by unions will be gone: sick pay, annual leave, pensions, health insurance, & 40 hour week. Contractors receive none of those. One day, the middle class will be completely gone. Who will they deliver to then when no one can buy?

[@DoyleFM]

We The Peasants doing all of the above is the goal. The elites all over the entire PLANET are corrupt... 🇺🇸

[@rv6205]

how are young people ever going to survive in this country ...imagine 20 years from now

[@steve5976]

What are R U talking about ? Americans won’t be consuming much in future , they will eventually be making things for rest of world to buy, ,,most in America won’t be consuming anything , the party is over for United States ,

[@jrandt08]

They’ll force us to bail them out

[@thisisgettingold]

The OP and responders are not accepting the ultimate goal of the ruling class. We are, we have been, and we will always be, tradable property for the ruling elites. The unions did nothin but collect income for the members in the ruling class roles. Our children in 20 years will be bodies in pods like in the Matrix. We could have fought back but we did not. This is game over. If you are rich you will survive the complete depopulation plan. Otherwise you are a renewable resource. Suck it up and be a good little sheep.

[@rudyherrera974]

I am a fedex ground package handler and I believe this is completely correct. things have been really slow at our location in Texas. It’s been hard for these drivers to increase work

[@bertiesworld]

But as a contractor you're free to go and work elsewhere. Unless of course, your contract with Fedex prevents you doing that i.e.you'd be turning up in a fedex outfit etc in which case, surely you're an employee of Fedex.

[@sugardaddy9992001]

Lest we not forget Texas is a right to work state!

[@erolbegay7892]

How's the packages in Texas? Here next door in Albuquerque we're constantly overloaded with packages to the point drivers can't deliver em all in one day, having a package stay here for a week or 2 sometimes

[@rudyherrera974]

@@erolbegay7892 we have been constantly overloading as well. It’s been frustrating lately . Im a loader and I keep getting over flow in my truck of so much packages called 22 prestige or cabelas that over flow from packages that didn’t get taken because it didn’t fit . So the drivers had to leave them for another day ! Or they sent it to a van line area . The problem is the other drivers don’t want to do extra stops because if they aren’t getting extra money for it. They refuse to take the package . Knowing how much work needs to be done .. then the contractor has to figure out what to do . I’ve heard so much that it’s a headache and I’m not even a driver haha

[@FaisalKhan-wf8ys]

@@bertiesworld it's across the industry, not just fedex. Where do you go? Not addressing the root cause of these problems isn't much of a solution. Corrupt brokers, shippers...monopoly-style control over the little guy. God forbid the latter speaks up right?

[@Potato-mu7nu]

I never want to hear the term "essential worker" ever again.

[@gadget348]

The term is decades old, if the majority of these people thought of themselves as such they would not be doing what they do for peanuts while the management and shareholders eyed up their next yachts.

[@kensmechanicalaffair]

Unless, it's 2,600 a week salary.

[@ac3084]

I’m a truck driver for a big COMPANY and we never got essential worker money 💰 !!!

[@skeezix8156]

Non essential is a union term that’s also been around for decades. It’s a classification for jobs where if you take it, you know you’ll be one of the first laid off when the time comes

[@alwaysshifting9574]

😂

[@lindalou9507]

How about people just start buying locally this year, spending less and making home made gifts?

[@joycenagy3140]

Very possible that will happen. Also all cash or bartering will make a huge comeback. I can see that.

[@jamiepatterson1214]

Buying locally is a nice idea, if locally has what you need or want. Nine times out of ten you can't find what you need locally. Or if you do, if poor quality and won't work for the need.

[@stevdaughtr6098]

This is where everybody is told in one of the greatest places on earth that we are all spoiled even though we work really hard every day and we want to do for others. Dr. Jill is that you?

[@ruthiekest3218]

@@midwestnet2704 😆

[@annedonnellan6876]

Maybe Gift an hour babysitting ir some other helpful task. If you can grow food, do so. Or gift an hour tuition. Im sure there are lots of creative ideas. Holiday season generated a lot of tat and unwanted gifrs and un necessary expenses in my sincere opinion

[@SJGINC]

The problem is they can't get packages delivered on time. They lie, saying they tried to deliver a package and nobody was home, yet someone is home. I will never choose to ship something FedEx.

[@herewego8586]

My son worked hard at his FedEx route (owned and operated). He doubled his route and sold both about 3 years ago. He’s a certified welder now. Glad he got out of FedEx. They don’t eat or drink much water bc of bathroom breaks. That’s what killed the 24 year old delivery driver last month in Vegas.

[@lio8161]

That’s why I carry a bottle with me it’s gross but I learned it when I first was a ups delivery helper

[@sammyholloway334]

This explains the lack of quality, in the delivery operation.

[@bamahama707]

Drivers in critically short supply...

[@sallygomez8799]

Lack of quality in every business everywhere

[@sammyholloway334]

@@sallygomez8799 I simply didn't realize this,, I cant believe it even works.

[@davef.2811]

@@sallygomez8799 Nobody cares.

[@henryhawkins1194]

@@bamahama707 As well as the warehouse package handlers in short supply. Turnover rates are killing FedEx.

[@Collinsgaming-1]

But the board elected to pay themselves a 53% dividend raise. How nice is it, when the contractor can’t afford diesel to fun their fleet, but the executives pocket a giant equity raise.

[@WatchmyPlaylist.]

fleets rely mainly on unleaded fuel for home ground and express delivery

[@tt600pch]

"Fuel surcharges" not going to the actual people paying for the fuel is like "10% to the big guy". I ordered a log truck load of firewood in February. It was delivered in July and the owner/operator was not going to charge extra since fuel doubled. I paid him extra knowing his tank of diesel was double the price since the order and the delivery. My conscience could not accept otherwise.

[@Josh_D78]

Personally I hope this comes crashing down hard on FedEx and forces them to re-evaluate their business plan

[@kennethporst4359]

No one wishes that on you do why wish that on them?

[@slabbusterrtr7690]

I agree 100% I hate FED CRAP EX

[@Josh_D78]

@@kennethporst4359 sometimes an example needs to be made so that other companies learn what not to do

[@NBZW]

Was associated with FedEx thru a rental company 10 years ago, most of the independent contractors were intelligent businessmen, the overbearing jerks were management. It’s definitely not an easy occupation.

[@Dudanation12]

Very true. And they're making good money. This is just griping during the one time that profits aren't so easy, which is also a common trait among intelligent businessmen.

[@patrickpeterson3136]

Exactly 👍

[@bradhillier234]

@@Dudanation12 Who's making good money?

[@kathleenhensley5951]

I never had a clue...that sounds like a rough job.

[@NBZW]

@@kathleenhensley5951 Takes a very determined and committed person who is not afraid of hard work, taint for weaklings or slackers.

[@rncgsu]

Fed Ex went to contractors to avoid paying employee benefits.

[@dr.burtgummerfan439]

Smart!👍

[@DallasTexasGT]

@@dr.burtgummerfan439 as smart as using cheap Chinese labor.

[@soundwavsonny]

best comment! 💯

[@bobroberts2371]

The contractors are the ones deciding only to take Fed Ex loads. Say I had a dump truck to haul dirt / stone. I'm available to anyone but suddenly decide to only haul for you. Would you be OK with me o the govt forcing you to consider me an employee?

[@dr.burtgummerfan439]

Also smart! 👍 Who do you think makes most of the stuff they're hauling?

[@tylerdurden6335]

What I’ve never understood is how FedX ground gets away with calling their drivers independent contractors. They are not IC because they work solely for FedX. I don’t want to practice sidewalk law but I’ve been told many times by our own attorneys that is is the first test under the law as we’ve looked at this type of employer/employee relationship over the years in multiple states in one of our companies. I have always been curious how they get away with this?

[@jdaniel3068]

My answer is they are deemed "essential" by the govt and have some sort of immunity at this point. Im currently part of yet another class-action against FE for not getting overtime pay from yeara ago. 30k drivers are involved. It creeps its way thru the system- but I expect nothing from it. I hope Im wrong.

[@kylegirdler1882]

If they read the contract it’s all in there. They are not to work with any other carriers.

[@Luis-zx3ls]

That's not true the FedEx ground ones work for a contractor under FedEx ground. The contractor gets paid by FedEx and then pays the employees.

[@goldilox3147]

They actually are independent contractors ground drivers get payed by how many boxes they pick up under each route . Express is the only one facilitated by fedex company and get benefits also are timed in picking up packages they get descent wages as well . ground drivers don’t get benefits. They are independent contractors get paid by the boxes I know the guys on my route and the owner he owns 13 routes in my area the owner you can’t work with Amazon or anything else because it’s competition one of my drivers just left to work with sisco because it is salary operated. Express is diesel as well and it’s more because you are paying for it to get there fast .you go ground because it’s cheaper and depending on what state you are in you can go same day. Also there’s a reason why her package was left at the ware house it had something tagged in it. But that’s just like buying online your buying online yes but a retail store such as target or Walmart can be shipping it off to you by store saying it’s online because the warehouse doesn’t have it. Or the store took the revenue for it

[@headspaceandtiming2114]

If Ground can’t handle the volume(your package), it is rolled to the Express division(overnight service). Express is severely under staffed and it’s line haul is over stressed. They have been patching it together for years and saying nothings wrong. Express volume had been going to Ground for these reasons and most of all to turn a huge profit. Paying contractors is cheaper than company employees. If the volume flows back it will be interesting to see how Express handles it.

[@PAUL-A]

At my station in Colorado our express volume is continuing to go up every week. And we so far have not been turning over trailers to express--we simply roll the extra trailers over to the next night if we can't get every thing out.

[@headspaceandtiming2114]

@@PAUL-A That’s what Express Stations does with “response” trailers. They have a short commitment window and usually all those packages are service failures. Are the trailers you roll service failures? I know ground has a bigger window in some cases. Thanks.

[@platinumjohnson4380]

The brokers need to be held accountable for stealing, embezzling and siphoning revenue that is meant for the carriers. Force them to open the books. Time to resolve this issue once and for all.

[@boogrr2364]

Nope wont be done! Why would they do anything to help the people??? Thats crazy of u to think that!!

[@stevenhall2408]

Its corporate fraud at the highest level.

[@alkebulantinch6719]

Absolutely they pay the couriers by the day then he has the nerve to get on fox business and play victim in front of the media.

[@JeffreyWillis800]

Do you have any evidence for this? Sounds like crazy ranting.

[@glennbeadshaw727]

If your subcontractor FedEx then just don't do the work anymore .. go to Purolator or somebody

[@aneudysperalta6300]

He took a big big risk their. His contract could be cancelled for this. Hats off speaking the truth.

[@justinwise7556]

Fedex doesn't like when contractors speak out. I have seen at least one contractor just let go of for speaking out.

[@atl3630]

He’s to big to be fired. Network might go out

[@customleathertooling2020]

Someone telling the truth. Doing the right thing at his own risk. Refreshing. I wish him the best.

[@proudam3969]

I think they sign a contract not to denigrate FedEx which he did. That guy is so gone.....he knew what he was getting himself into. I think he was thinking of leaving the business so he has nothing to lose.

[@user-bg2oi4bz3p]

Apparently this is why I have never heard of this before. I thought the delivery driver, wearing a fedex shirt and driving a truck that says fedex was a fedex employee.

[@swimshady4467]

I left FedEx 22 years ago. Sometimes I regretted it. But after watching this I know the bs that still goes on their. They should be ashamed. They stopped caring about their employees and used to be one of the best company’s to work for. Another example of corporate greed ruining a great idea.

[@Twinleo1]

My husband worked Fed ex years ago. He was good friends with his boss who owned a few routes including the one he drove. There was a time when my husband considered buying a route but thank goodness he didn’t do that. The operating costs are ridiculous and the price of the route was around $100,000. That was about 12 years ago.

[@michaellight6683]

I used to be a FedEx contractor with multiple routes. It was when the lawsuits were happening, whether we were employees or not because FedEx dictated and told us what to do even though we were independent contractors. Essentially, what happened is that other than California where the drivers were granted additional routes. Each state essentially got a payoff to each state to accept their new business model so that they could force many contractors out to where contractors own a large number of routes to ensure that that wouldn't happen again. But even after all that FedEx still dictates terms and if you own a large number of routes you either do what they say or you lose them all. It's a terrible business model for the contractors.

[@johnnyonthespot3855]

Yep, thats Fedex for you, they're a cutthroat bunch...

[@ladin425]

That's what you get when you contract with a mega corp. and your competition is one truck away from taking your work. What did you think would happen when FedEx has all the leverage and the 1099 has none? It's already happened with Amazon and some of their smaller DSPs. Once there are enough DSPs to choose from, Amazon will start reducing rates as well. California has caught on to this gimmick and it's about time the rest of the country does the same.

[@scoobynoddabot..3163]

I think you're just a one week bot breaking in a new account at the expense of dividing americans

[@element7us]

What happens to the route values? Do you lose what you have invested?

[@adamlindsey8147]

@@johnnyonthespot3855 capitalism as intended

[@kevink6713]

The problem is that when Contractos are told by FedEx "do it or someone else will" there is a someone else. Ruthless company to employees and contractors alike. Not a fan of FedEx.

[@scotts1356]

I worked the xmas rush for extra money one xmas season. They treated me like a POS. I haven't used them since that happened.

[@vernonbowling5310]

Park ALL delivery methods until the attackers on the American energy sector are defeated.

[@terrybroussard8373]

So what yall targeting people yall don't like you don't need my money by by

[@markusa5521]

UPS fair wages and on time

[@vernonbowling5310]

@@terrybroussard8373 Bye see ya

[@cherylhessler7862]

When I order something I always tell the seller Don't send by FedX they never get it to the correct location and I end up not getting the package.

[@arlineleven9744]

Very interesting….I’ve had trouble with fedex deliveries, every time!

[@johncasewell4019]

Don't know what he is worried about, Brandon signed the inflation reduction act

[@ziggystardust7888]

I see depression Comeing !!! Wake Up

[@noobsaibot8844]

Trump and Epstein 🤡🤡🤡🤡🤡🤡🤡

[@paulievarady9206]

@@noobsaibot8844 TDS & bidophiles.🥱🥱🥱🥱🥱🥱🥱

[@HeWhoIsWhoHeIs]

@@noobsaibot8844 you're listening to this guy explain the facts, and you're still calling Trump a clown? Really?

[@KB-nt7eg]

@@HeWhoIsWhoHeIs you trust media and trump. That tells me who you are. Stay boosted

[@kene6838]

The amount of damaged packages I receive from Fed Ex, they should be paying me.

[@armandoordonez4252]

My last 2 packagers were completely opened..and it looks like a child tried to re-seal them.. When I finally caught up with the guys. They were 2 guys that couldn't really speak english..they both put there hands up in the air. I know they would never deliver a open package..thats why they knock on your door and run.. Now I know its not just me

[@chinajoe272]

To be fair package handlers make less than fast food workers.

[@ChristisOnlyKing247]

The packages come down the belt like that all the time. The contractor is able to tell QA to inspect it, but most of the time they tape it up and put it on your truck. Then the contractors drivers have to deliver it or the contractor gets charged by FedEx. But if the customer complains, the contractor gets charged by FedEx. Also, loaders make average 19 an hour. Tip your driver... he/she is underpaid and overworked.

[@slabbusterrtr7690]

Or lost packages they suck!!

[@kene6838]

@@chinajoe272 So that makes it ok, you may be part of the problem.

[@flechette3782]

I'd be willing to pay twice the price if they actually delivered my package when they said they could and it arrived looking like it wasn't kicked around by gorillas.

[@jeeper32]

When people get treated like garbage from package handler to driver the turn over rate is high. They are 100% to blame.

[@maldbrandon]

I was the one who threw your package simply because I wanted to

[@flechette3782]

@@maldbrandon Have a banana!

[@reedleger2652]

Thank you for this

[@bigbubba7753]

Just like Trump said: we went from the most prosperous, feared/respected nation on earth, to a third world country.

[@wd31981]

Right. Only in your weird reality. Turn off cable news and actually get out. Just because you sit in your basement and get all of your information from talking heads whose very business model is to dupe you and their viewers so that you keep tuning in and drive their ratings higher. Fear sells and you are a sheep who doesn’t know any better.

[@daniellafferty4086]

Yeah when people vote they vote feeling set up Policies That's why Congress so screwed up People quit voting feelings and vote policies that work out a lot better

[@docspead]

Nothing that Trump ever said was true; except That’s the United States is one of the most feared nations on the face of the earth, reason being, Trump is crazy and I mean crazy

[@enzofarias6717]

Unfortunately

[@JonnyBeoulve]

Facts

[@georgecavanaugh8757]

A word to the wise. “Society is crumbling and it’s happening way faster than you can imagine.” Brace for impact. That’s all you can do. Take it seriously!

[@bereketmol4227]

You can call it "End times"

[@laurabeissel9345]

@@bereketmol4227 Ditto.....we are living in the end times. God is going to purify the world soon.

[@bitbucketcynic]

Collapse happens slowly, then very quickly. History warns us that the final slide of an empire from an appearance of normalcy to utter ruin only takes about 8 years. Western Civilization is in its twilight and this is the last decade before it all comes apart.

[@georgecavanaugh8757]

@@bitbucketcynic Oh how I’d love to disagree with you. Unfortunately, I can’t.

[@AstralApple]

Y'all drama queens, just learn that feces/stool that is even slightly malodorous indicates that one has toxemia. Rephrased, stinky poo is bad. Toxemia is a disease defined as an abundance of toxins in the body. That malodor is not okay, it is not normal, it is in fact a problem that needs to be corrected. This problem could take several years to several decades to correct on a case-by-case basis. Once one generates the kind of power a healthy gastrointestinal (GI) tract yields, one can read the book "Taoist Yoga" by Eric Yudelove which breaks down life force into three tiers of orgasm. Statistically, very few know about the third tier, the testicular and uterine orgasmic tier. Societal foundation reconstructed. Not that complicated.

[@audiwankenobi361]

I wonder how this will affect FedEx Express?

[@U2WB]

FedEx isn’t great to begin with. I’ve had them accidentally reroute a package that was a town away and send it halfway across the country. Took an extra week to get here.

[@orangemanok5800]

Just wait until next week. They are going full-time with their new eStar system, which by all accounts has been a monumental failure in trial runs. It's the system that routes all of the delivery stops each day. Expect more employees to quit in frustration.

[@muffs55mercury61]

Yes I was a local delivery driver off and on a while. Drivers are the best ones to do their own routing. When Fed X started forcing drivers to work Sundays a few years ago a lot of them left over that.

[@michaelgautreaux3168]

Drones!

[@starwindamada5313]

Imagine you order a Trump t-shirt. They'll make sure you never receive it but you don't get a refund either.

[@waynemanoffaith34]

Exactly!

[@waynemanoffaith34]

I tried EStar already, it's a total failure!

[@Natalieneptune469]

The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.

[@Robertgriffinne]

Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming

[@PhilipMurray251]

[@marianparker7502]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’"Nicole Ann Sabin"’’ a financial advisor who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals.

[@wiebeplatt4749]

@@marianparker7502 Please, your coach you mentioned, how do i get in touch with her?

[@marianparker7502]

@@wiebeplatt4749 just look her name up online to get in touch with her, her details are provided online

[@JackWorkz]

Fuel prices are killing all of us small businesses that require traveling, you can only pass on so much cost, these costs are a cut right into our small profit margins

[@MOstix13]

Fuel surcharges that don’t go to the people burning the fuel? How can the company justify that? Very disappointing.

[@lanamarie3626]

Hey 👋 Good morning ❤

[@GovtWatchdog]

It’s the same issue that tractor trailer owner/operators are facing and have been facing for quite some time. Operating costs are way too high and drivers aren’t being compensated accordingly, resulting in drivers selling off their rigs and finding other work.

[@clintonstevens1285]

but just so they get there do too hell with o/p

[@ptaylor4923]

Yeah and California laws that Newsom is signing us killing more.

[@ptaylor4923]

@@SendHimToRikers Apparently you were dropped on your head as a child

[@robertboryk791]

@@SendHimToRikers Really you think most will be able to come up with that money. What happens they send it. And the money is paid quarterly not yearly.

[@forzajuve4845]

@@SendHimToRikers Amazon too

[@truepatriots3860]

God help us all Patriots under this horrible Administration !

[@egarza9241]

Bless Cheeto Jesus🙏

[@bobcob3362]

@@egarza9241 shut up taco.

[@HeWhoIsWhoHeIs]

Vote out EVERY LAST DEMOCRAT

[@sislertx]

Problem is even with both houses and president it will take three generations to iver come the economic slavery they have sold us into..much less remove all the loonie commies and fascists and the draconian anti CONSTITUTIONAL crap they have already done... We will also have to actually rebuild dams for WATER FOR THE 19 TO 35 MILLION... ILLEGALS ...ROADS...CLEAN UP THE DRUG MESS AND MORE!!!

[@sunayakong8537]

God helps those who help themselves. The only way out of this mess is to “fight like hell everyday” for our country. Don’t expect someone else to help us if we are not willing to help ourselves. We all need to get involved and do something every single day to bring back sanity every day.

[@steverondeau1156]

We were independent contractors for AAA as a Jump Start and Battery Sales. The first 2 years was great but AAA said we weren't selling enough batteries and then we got less and less call outs. They wanted us to sell batteries to their members when it was a different problem altogether , they decided to terminate us, but we were ready and took them to court. We loss the first argument but won the second. You're not truly an independent contractor when you are solely "dependent" on one company providing the call outs.

[@Lurch685]

I am a contractor working at FedEx properties in a non delivery function and I gotta tell you, my working conditions are not only illegal, but immoral. I work outdoors, overnights, 40 hours in 3 days. No breaks. No access to water except in the shop, and idk if that’s even potable water.

[@Lurch685]

@Karina Oliveira yep. It’s awful.

[@gdewyg]

Save American economy through New and effective leadership

[@HeWhoIsWhoHeIs]

November is coming. Vote wisely! NO MORE DEMOCRATS

[@jc4evur661]

Save the American economy AND the Republican party... Pence/Cheney 2024

[@junc3354]

Kamala Harris and Michael Obama can do a better job.

[@hoaxnineteen]

@@jc4evur661 LMFAO YEAH MANNNNNNN

[@jc4evur661]

@@junc3354 I agree! And I'm sure they don't have top secret documents in their closets either!

[@PPPDCO]

Way to go FedEx. Here I thought all those “up charges” on my account were going for the extra costs of delivery. Turns out you’re taking my money under false pretenses and screwing the only people keeping your business alive - the actual delivery drivers. Screw those folks far enough and they will collapse your business!

[@AyaWetts]

don't believe this guy complaining... is he getting a bad deal? probably... but he doesn't seem to understand how FedEx works. He talks about money being made from the whole FedEx corporation, then just talks about his contract position with Ground, which would be a very small part of fuel expenses to all of the whole FedEx corp, which is a lot more than the little Ground part that uses contractors. Maybe he should switch to Amazon delivery which works as contractors too, I hear everyone is complaining about fuel prices.

[@kmf1392]

@@AyaWetts FedEx Ground is the #1 money maker for all of FedEx. The Ground contractors move magnitudes more freight than Express and Freight combined. Every Ground package is moved via a contractor, whether it be via a CDL driver and semi-truck, or delivery driver and step van. Any fuel surcharge for a GROUND package that does not go to the contractors is just pure profit for FedEx. If they were hiking prices for Express packages, then that would make more sense, and would go to covering their own operations. As it stands though, they are raising shipping prices for the consumers who use Ground, and none of that money is actually making it to the people who's costs have increased.

[@AyaWetts]

@@kmf1392 Ground is cheap, and always booms in the US during recession type periods. But its not always the #1 money maker. FedEx does charge fuel surcharges on ground, and from all I can tell in financial documentation, its passed along in some way to contractors as well. The problem right now is there are lawsuits over the use of contractors, and this guy is just repeating some of the items around these lawsuits trying to get contractors to be employees. Of course he will repeat it on air if he gets a chance. For hating FedEx policies so much, he really wants to work for them badly.

[@alkebulantinch6719]

@@AyaWetts thanks that’s exactly my thought.

[@markpayne6384]

@@AyaWetts the point is that FedEx is charging their customers more money based on increased fuel costs and not passing that down to the contractors that actually purchase the fuel.

[@bobbyluna8079]

I work for FedEx ground , drivers get paid barely crap. I’m a preloader for FedEx . Poor guys work hard out there . They deserve better.

[@joshpatrick8809]

I work at FedEx ground and there are vans that come in with only 2-6 packages! Super inefficient and wasteful of fuel! So, someone has to pay that cost...

[@WalkerOne]

Like all negotiations, you have to be willing to walk away, as soon as the other negotiator realizes you aren't willing to walk away they will take advantage of you.

[@telescopicS627]

Yup, good point. Unfortunately most sectors of the economy are so highly concentrated in a few hands that the little guy finds himself in the corner every time... Add to that overbearing govt regulations that stifle competition, and political dysfunction that makes reform a distant dream...

[@u2mister17]

@@telescopicS627 All you need to know is the Godless left have locked up cheap energy.

[@strat1080]

Fedex will just find somebody else

[@FaisalKhan-wf8ys]

Critical mass is needed. A majority of contractors walking away at the same time...that doesn't happen wo a union. Owners have notes to pay, payroll, they're own bills. It's complicated.

[@garymunro7561]

This is going to happen to entire industries shortly as the recession starts to look more and more like a depression. That's going to start to happen by Christmas

[@HH-le1vi]

This is a symptom of FedEx's business model. It's not like this is normal with everything and in every industry

[@BigDsGaming2022]

the GOP is LOSING by Christmas lol

[@carolharris2357]

Thanks, Joe. FJB.

[@davidrasch3082]

Keep this in mind come this November.

[@kathyKB]

@@BigDsGaming2022 Trump 2024🇺🇲

[@9770G]

I feel bad for the drivers themselves because they don’t get paid well. As for this guy speaking, I don’t feel bad for him, sure his company may be eating that fuel charge instead of FedEx helping him, but he still makes crazy money I guarantee u that AND even if fedex did help him eat that fuel cost I GUARANTEE you he wouldn’t give a dime of those savings to his drivers. It would just go in his pockets instead of FedEx’s.

[@metroplex3k]

Sounds like you’re a disgruntled driver - no contractor at ground makes “crazy money” - and you remember that!

[@dieseldave12v18]

This explains why ALL of my packages from FedEx over the past year keep showing up weeks late. I now avoid purchasing from businesses that use FedEx exclusively.

[@youngkipster]

I’m a package handler for FedEx Ground, and this is true. I didn’t know until a couple months after employment that the drivers weren’t actually FedEx employees.

[@cocofellas]

How does it feel to be worse than Satan? Thanks for destroying my packages too.

[@youngkipster]

@@cocofellas Well, I’m not, and it’s not that deep. I just load packages onto the trucks, and our station is actually #1 in its district so we never really get complaints because we actually care. Other facilities maybe not so much. Definitely other people out there who are “worse than satan” maybe let’s start with serial killers, and pedos rather than package handlers lmao

[@trollanonymously2434]

@@cocofellas Jesus Christ the OP is a victim and you shame them? Good looking out. How does it feel to order packages from and support something worse than Satan?

[@catholicfaithofmine2664]

That's OK Fed EX keeps delivering my packages to the wrong street. I'm tired of paying for stuff other people use.

[@jonisoma5726]

…yes, my neighbor distributes packages to the proper destinations. They throw packages into his back patio. Goofy company.

[@grandmommu8815]

In the past 18 months, a small village near me has lost cell service from Verizon and other "big" mobile phone providers. Because of this, delivery drivers get to the village of 800 residents and can NOT locate addresses since their system is based on cell /mobile service. I'm sure this happens all across rural America.

[@abbyarnold4477]

Oh please , That cologne was overpriced , I gave it away .😂

[@ruthiekest3218]

Same rip package they delivered,and they put a package up the street.

[@lkd06]

@@grandmommu8815 time to consider Starlink

[@patbrown9598]

Yes thank you so much for trying to keep us all updated how else would we ever know thank

[@sawyer4981]

The only way to ensure you get yours as a small business is if they all come together and ensure there IS deliver service disruption. So much so, that FedEx has no choice but to fairly compensate their contractors.

[@jdaniel3068]

I just left Ground after delivering for years. Loved the job. In the past year we lost our safety bonuses, no raises, no holiday season bonuses, and LOWERED pay. My heart still hurts from all the great pups and customers from my route. But i can no longer survive. Whoever the "investors" are in the Fedex corp are dumb af. The company is less stable than a warehouse built with playing-cards.

[@MrHappyZorro]

If it goes south they'll get a billion dollar government bailout while the actual workers are left to starve.

[@johncunliffe3152]

Well, one can hope you put all those bonuses into the bank for hard times like this and did not blow them on crap you did not need

[@jamisonmunn9215]

Did you watch the videos, FedEx is making more money than ever by screwing all the small business operations that actually deliver the packages.

[@hamiltonporter7894]

I've been working at a FedEx facility for the past 7 years mainly just for the benefits that they provide. But every time a new policy is put into place and people start to adjust to it they turn around and switch it all up again with a new one. Back in January we had a 40 garuentee when we worked an average of 35 hours a week. Now they've limited our hours and told us that we cannot exceed 30 hours in one week. It gets worse every day.

[@dennyholbrook7828]

I was a fedex ground driver for 2 years all through out COVID and the work load just became way to much we were in horrible trucks that were in need of repair we went from doing 120 stops a day to 210 by yourselves

[@hesavedawretchlikeme6902]

I myself used to be a FedEx contractor. This is true...exactly what Spencer Patton is disclosing. FedEx tightens the screws down to each contractor, unbelievable stress and pressure. All vehicles are owned by the contractors. The company now is not helping in the crises time of even higher fuel costs with all the expendatures along with it. One of the reasons it was time for this guy to sell out, and leave it behind in 2013.

[@thepitpatrol]

This is a lot how the poultry system works. But we did get a 1 cent a pound raise after 8 years lol.

[@adamlindsey8147]

It’s just capitalism working as intended

[@SeattleBoatdog]

Sucks being an Uber driver…

[@Wong-Jack-Man]

We think it’s the greed of corporations but it’s not so simple. It’s profits so shareholders are happy. Who are the shareholders? Everyone from the big investors to the robinhooders to those holding 401ks. This is for all companies. They are at the mercy of shareholders and production and profits.

[@MrDanielSolano007]

@@Wong-Jack-Man it could also be the people working in the offices of FedEx want a raise because they have “college degrees”. Total b.s imo

[@aol11]

" our businesses are bleeding" Absolute truth

[@williampotts3727]

The good news is we're all getting poorer so we won't be ordering as much stuff.

[@chaseme9860]

I can tell. My last delivery from FedEx, the driver just threw the package by a bush at the end of my driveway by the road.

[@ruthiekest3218]

I see that to one day,I was driving by,a guy thro a package over he's Vence,and the guy came out was clueless he saw him.ill be mad.there lazy.

[@ericsimmons4868]

I can't say I've never done that as a driver...set it at the end of the driveway, but I HATE doing it. Have done it for: aggressive dogs that I've nearly been bitten by, gated driveways (of course--can't enter when they're closed and no code), and a narrow, winding drive that I didn't think I could get in or back out without getting a) stuck, or b) breaking something, especially as I was in a bigger truck than usual. Do any of these apply to your situation?

[@chaseme9860]

@@ericsimmons4868 mo

[@CarbageMan]

Oh, that is screwed! Charging fuel surcharges and not allocating them toward actual fuel purchases. That sounds like *_fraud_* to me!

[@keithwilliams3935]

Welcome to 95% of trucking in America. Every freight broker does this to independent truckers and every medium to large trucking company does this to contractors... nothing new to see here.

[@info_fox]

Nothing new here

[@AyaWetts]

I don't really see tht as true... this guy either doesn't understand, or is being very disingenuous. The fuel surcharges they charge and report are company wide... all of FedEx, not just FedEx Ground. From what I understand is only Ground has this contractor set up. The surcharges are for actual FedEx owned parts like Express planes.

[@tomtrzebiatowskijr1133]

express flies two planes a day to most major us locations within the continental us. so fuel surcharge probably burnt up by planes.fed ex ground and fedex express are all still the one and only same fedex corporation...

[@CarbageMan]

@@AyaWetts If they’re collected for ground deliveries and don’t pay for the fuel increase because they aren’t passed to the contractor it’s fraud. Ground doesn’t use the planes.

[@mrk1075]

Who needs FedEx? Santa always delivers via flying reindeer and slay. 😂🤣😂🤣😂🤣😂🤣😂

[@gregdcross]

It's not just an issue of fuel costs that is effecting not just FedEx contractor but all companies in transportation. Oil, tires, parts and labor charges at ships have gone way up. Add all if it up and the profit margin dwindles to hardly anything. Why would contractors increase their employee numbers and put more vehicles on the road when there is less profit every day?

[@cap9115]

This is an optimistic view. I deal with FedEx a few days a week. The vehicles are trashed, the drivers one click above crackheads, the lost/damaged package ratio is obscene. And you can't find anybody in corporate that cares.

[@shawnhill3482]

Crackheads is an Understatement !

[@billfargo9616]

Are you contacting FedEx corporate or their contractor's corporate?

[@tomdavis3038]

@@shawnhill3482 it’s meth not crack. Get your story straight

[@muthrfuqrjonz3530]

I disagree 100%

[@cap9115]

@@billfargo9616 Three separate complaints filed with corporate overa two month period, no response. They won't even take a complaint telephonically now, just refer you to the website.

[@lindahills4704]

Let's go Brandon

[@lizadivine3785]

Why are our employees in the Senate not calling for impeachment?

[@G7130]

What do you expect the President to do? You cannot force OPEC to produce more oil. You cannot for China to stop with shutdowns.

[@davidmancuso2334]

Fuel surcharges are often a point of contention between contractors and transportation companies.

[@lanamarie3626]

Hey 👋 Good morning ❤

[@rikksullenberger6864]

I used to drive for custom critical. They only care about getting the delivery off the desk and on a truck. Many customers of FedEx custom critical didn’t pay fuel surcharges, the brunt is left in the driver. One thing to note, it’s not just FedEx that does this, all trucking companies do it.

[@franklinroosevelt8433]

This is the story with the entire transportation industry. Pay is down and costs are up. Customers refuse to pay more while contractors go out of business. And congress just claps with joy

[@ScottCleve33]

But Brandon told us there was no inflation.

[@jdmran]

Brandon changed the definition of inflation.

[@AyaWetts]

We are "doing great"**, what is there to be worried about? ** the condition formally known as recession

[@TruckTaxiMoveIt]

Ohhhhhh spit, that's cold -- FedEx corporate charges a fuel surcharge because fuel prices have gone up but doesn't give it to the independent contractors who are actually paying the higher price fuel, that's beyond ridiculous I'd like to hear FedEx's position on that.

[@earlwashington8104]

Nothing to worry about, I just sent out prayers to the FedEx contractors.

[@jbgrooves]

Thoughts and prayers indeed.

[@Dragsport6]

Only Facebook prayers work

[@jbgrooves]

@@Dragsport6 that’s right because Twitter is where you go to tell them to F-off.

[@dawncolayco9340]

I just dealt with a wonderful fedex guy . My package may have taken a while but it made it. So its not everyone that is horrible. Being patient is even more important in society today. After working in retail and last time seeing how irritated customers get so easily sometimes or try to get stuff at higher discount than offered it is barter town out here. I know life is hard too but don’t take it out on those who are working very hard.

[@jeffafa5110]

Quick fix... Go UPS because they have legitimate employees. These contractors are horrible to their employees. Now... Hopefully you get this mess figured out

[@mr.joshua204]

That's why I buy Christmas presents in July

[@agnichatian]

It sounds like the drivers contractor companies should band together and create their own company to compete against the giants. I'd like to see another option for deliveries.

[@reginaldsmith5386]

Something has to give. Fedex has bullied contractors for years. From single route contractors, to over lap, to station relocation, to running supplementals with no compensation, to charging us for claims and complaints, to forcing guys up to scale and now down to scale. It’s unacceptable

[@AyaWetts]

why would you sign unacceptable contracts?

[@williamcrawford5558]

@@AyaWetts if you don't sign the "agreement" contract then FedEx has the option to replace you and your company with another contractor!! So contractors are, in a sense, held hostage with the threat of FedEx pulling the contract, which ends the businesses association with FedEx. I did this myself for 17 years. Every year the contract was presented to me I had the option to sign it as FedEx had it written or.....I if I chose not to sign, then FedEx would have offered the route areas to someone else. Unfortunately, for me, FedEx is a large corporation that controlled their business....BUT also had control over my business as well!!!!

[@jermainemyrn19]

It's acceptable because you chose to enter a legally binding contract. Isn't that what you people tell low wage workers?

[@jermainemyrn19]

@@williamcrawford5558 ok, so your relationship with FedEx is no different than your relationship with your driver's. I'm sure when your driver's point it out, you don't care. So why should FedEx?

[@sallyapfefbiteof8766]

They have package Handlers work six days a week, Sundays off while management only works five days a week.

[@bobcob3362]

5 days a week? Next you'll tell me they get paid more too.

[@sallyapfefbiteof8766]

Yep, plus they say load packages on a truck is the easiest job at FedEx 😂

[@abbyarnold4477]

And where is the company in the Dallas area ? I need a job .

[@beatriz25ish]

@@bobcob3362 they get pay more than retail

[@sallyapfefbiteof8766]

@@abbyarnold4477 Hutchins, TX

[@ballistics1]

I wonder can you sue them in an instance like this ?

[@catchthewind8563]

I am a FedEx driver and I can tell you they do not pay near enough for what we do! I love my contractors, but they can't pay us until FedEx pays them. After taxes, I only bring home around 29,000 dollars a year on average. And they do not pay them near enough for them to pay us to make a liveable wage. I am suffering, but I don't want to quit because I love my job. This is ridiculous for a 60 billion dollar a year business to shaft their hard working employees and contractors like that.

[@D3D587]

Amazon, UPS and others are dropping off their packages to USPS to deliver. As a rural mail carrier, I averaged 280-300 packages a day! That is why I and many others had to retire or quit.

[@MrHand-ih4sz]

UPS employee here....yea, we ship the packages across the country and hand them to you at the local post office for final delivery, and split the profit. I supppse we could cry that we are handling your packages all that distance...but we dont. 🙂

[@davepxxxv]

@ Darrell. That's because you aren't a company but try to undercut private companies while you lose money. We only use you on our lowest service level. Your bosses need to raise your prices. I hate that the stuff is taken out of our network but the only consultation is beating stupid usps at their low price game. Blame your (mis)management.

[@GORILLA_PIMP]

@@MrHand-ih4sz Good job man! Thank You!!

[@GORILLA_PIMP]

@@davepxxxv Post office definitely should not raise their prices lmfao

[@dieterandrew3542]

Unless there's a red wave in November, holidays will be postponed indefinitely.

[@muffs55mercury61]

Yes but they don't take office until after the holidays are over.

[@BigDsGaming2022]

Tucker warned you fools last night that you were going to lose what the heck is your problem ?

[@steven9438]

The word holiday came from the word holy day. Happy holy days to you too.

[@dang75790]

If you have faith in the Republicans? 😆 you will be very disappointed.

[@scotts1356]

GREAT point.

[@soultaker991mlg5]

Man been working at warehouse for a almost a year now and its just the whole management. Everyone working there are oppressed sees something but dont speak up on it. I dont like to shame nor belittle but all managers are out of shape and lazy wont bother lift a box on ground nor help regress to catch up. Applied for trainer to help out on floors, got rejected bcuz some other trainers friend applied and HE got the job lol Like i said i dont like to bash but i'm a marine vet 31yr old 3 tours iraq and i couldn't get the trainers job to help the warehouse as the trainers already there aint doing nothing but walking around talking amongst each other eating and drinking lol Fedex management is a joke every new worker quits in a week or 2.

[@trollanonymously2434]

I work at Fedex now and we have 0 managers like that brother. Marine vet here too. So it might be a bunch of nasty civs there but don't act like the whole company is like that, because it isn't. Hell, half the time some of us are doing more work than some of the workers.

[@elcidcampeador497]

Yeap. I noticed that. The way they compensated for bringing gasoline price down is by jacking up price on diesel. I only imagine what owner operator truck drivers are going through 💔

[@ziggystardust7888]

Hey Obidone gave the Post office $50 Billion !!!

[@JYDIVISN]

FedEx always "loses" my packages, especially when the item is expensive.

[@Luis-zx3ls]

Cuz their facilities are so packed, I use to see them toss TVs man I used to step on 50inch tvs and walk all over packages because of how stacked my truck was their was no way around it unfortunately they are loosing drivers so their trucks just get more and more loaded many packages break apart glad I quit

[@cloudnine5651]

@@Luis-zx3ls theres always a way around damaging ppls thing on purpose and being a POS

[@GORILLA_PIMP]

WOW!!!!

[@donizzo07]

lol i had the same issue with package lol

[@GodIsGoodAlways-e6q]

We don’t need delivery services like Amazon requiring endless drivers to 7 billion people. We can get ourselves to the stores. It shouldn’t be this hard anyway, people.

[@usafirst1646]

That explains why their customer service is on any delivery issues.

[@KB-nt7eg]

How did 15 people upvote this comment that makes zero sense. Does gibberish make sense to people who are boosted?

[@ImpetuouslyInsane]

@@KB-nt7eg I think they were using voice to text translation and it came out as on is exist when the person obviously meant non-existent. Speech to text doesn't exactly work right.

[@bobstuckrath1805]

Yeah, Pretty interesting.

[@usafirst1646]

@@KB-nt7eg obviously you never had a delivery issue or you would understand.

[@strat1080]

@@usafirst1646, what he’s saying is it’s not even a grammatically complete sentence. Like he said it’s gibberish. He’s not opining one way or another just saying that the original comment doesn’t make any sense. The original comment doesn’t say if FedEx has or doesn’t have customer service issues. It’s an incomplete sentence.

[@franko2k]

The FedEx Ground drivers own their own trucks. They are responsible for all expenses including insurance, They get paid per unit delivered and it doesn't matter if it's a 2oz. packet or a 30lb. box. It pays the same. They get nothing for picking up packages,only delivery. Not a good deal.

[@davef.2811]

Bunnies, lured by the poisoned carrots.

[@scoobynoddabot..3163]

You breaking in a new one too. Good luck

[@ridge6496]

That explains why there is such an urgency for them to blast thru stop signs, signal lights as though they are exempt of all traffic laws. Putting the public in danger daily. This whole time I thought those driving techniques were being taught in fedex training class.

[@Dang3rMouSe]

That's a terrible deal. The pay system should naturally include pick up & package weight. I wonder how that ended up being negotiated or if it even was

[@barshalen99]

No they dont. I worked for FedEx Until last monday for 2 years. The CONTRACTOR owns the truck. Not the driver. Everything else is paid for by FedEx.

[@madpony66]

This contractor had the contract for all of his 225 trucks cancelled by FedEx Monday and is now being sued.

[@lanamarie3626]

Hey 👋 Good morning ❤

[@CUSTOMWORKS7.3PSD]

We are getting the same screwing in the repo business except I have stopped covering area's to far out that don't make sense no more to travel

[@extspence]

This was all talked about when it was RPS, somehow selling to FedEx made people forget until now.

[@moonhowler667]

Hey, nice inflation reduction bill! Looks like it's working GREAT

[@bctw9004]

Being in the trucking business/owner since 1994 I can agree with him. Freight rates are low. Freight volume is low. Expenses are sky high. “Good” drivers are almost non existent.

[@jeremybrocknblue5593]

The trucking company i work for was offered contracting work from Amazon and Fedex….. my boss turned it down fast and when i asked him why he said that any small business that teams up with them gets crushed by them. He told me this years ago.

[@richardsmith184]

This explains to me what happened to the legendary FEDEX. I always preferred them above anybody else. Then, in past years my packages would show up at neighbor houses. I would have signature express mail that courier would leave before I could make it to the door. Not the same company anymore!

[@stephenkalatucka6213]

How much do they pay the guy who crushes any package marked "Fragile" or " Electronics?"

[@user-vz2po5sc4e]

@@stephenkalatucka6213 I once applied for a job as a delivery driver. It was not for fedex but a British company, did a month or so of training. What I realised is that, before the driver can start loading their truck, warehouse workers must first distribute the deliveries for the day. They are also restricted by time. The drivers had to load the packages that are for their area, sometimes they have like 30 minutes to load their truck and go delivering. Nobody intentionally messes up the packages, but once you start delivering, the items start swinging around whilst driving.

[@Dudanation12]

@@koreyb Fedex has always been about efficiency and with striving for efficiency, people are going to gripe. But Fedex is taking the largest portion of the market share because of it AND giving a more affordable service to its customers. UPS has always gone with the slogan of "We're not USPS!" so they're a bloated, union-run company that is losing ground in the parcel world. Yes, their drivers are paid better and so they might care more about bringing your package to you without damaging it but you're literally paying for that. Now, most of the damage happens in the sorting centers ANYWAY so I wouldn't get your feathers too ruffled over the end delivery guy. Look up videos about these massive, conveyor-belt run facilities and all the forklifts and guys who have to handle tens of thousands of packages a day. Some are going to get banged up especially when they hit several of these sorting centers.

[@G7130]

Yep I’ve know man this for a long time that they outsourced it all to cut costs and keep the negatives off their books. They’re just playing corporate shell games.

[@musclesmouse]

Fedex ground was RPS. Fedex Air is the old Fedex. they are 2 separate systems. Air are all employees. Ground is contractors on the last mile.

[@laserflexr6321]

Can someone please explain for me how collecting fuel surcharge from customers and not passing that on 100% to contractors that consume fuel to carry out the physical fulfillment of the service those customers are paying for does not qualify as fraud? How is that any different than collecting funds to help widows and orphans, and not passing on any of those funds to benefit widows and orphans? Straight up fruad.

[@robw9852]

Fedex and the contractors share fuel costs. Fedex raised prices because they paid the contractors more in fuel reimbursement, but they didn't cover all of the cost. That's the point of the contract. 2 years ago the contractors were swimming in money with all the bonuses they received due to covid.

[@peterschmidt1453]

I'm sure FEDex has great accountants and lawyers that will show they made a loss on the fuel but saved 30% by switching their supplier of staples, paperclips and copy paper.

[@JackWorkz]

Similar to collecting hundreds of millions for blm and buying yourself a new mansion and society just shrugs

[@jermainemyrn19]

Fraud is legal for the rich, so you need to work harder

[@FaisalKhan-wf8ys]

Walmart, Aldi, HEB, Kroger, Costco. I deliver to all of them as a semi owner op. The list is endless. They're all the same. Truckers have been hurting for a while now while you get charged more for everything on a shelf. I'm trying to get out...can't fight the big guys. Lesson for anyone wanting to start a transportation business in America: don't. Learn a trade (welding, AC/HVAC, plumbing etc), be an apprentice and then go solo. These are recession and corporation-proof small businesses that will lead to freedom. Or join congress and inside-trade. Easy money.

[@susanbarrott8179]

Fed Ex is always delayed on deliveries . Not good when a small business that ships both to and from can't rely on them.

[@bamragsdale7468]

This has been going on a while. Drivers and contractors are organizing and will start to shut the facilities down by any means necessary until FedEx corporate falls in line