Fred's Myth
Nonhyphenated American
Three of you had to start at 6 a.m. to load 81 packages onto 3 routes, and you didn’t get in until 9 p.m.?
Sounds like Indian Reservation territory.
FedEx tries to win customers from rival United Parcel Service Inc with price cuts!
- Thread starter amazondriverdude
- Start date
Sounds like Indian Reservation territory.
We actually traveled into 2 states. These were the difficult formative years of Roadway Package System . Like the original TM said. "It will be up to the 3 of you to figure out how to make it go".
59 Dano
I just want to make friends!
Don't know when to take the L, do ya?
59 Dano
I just want to make friends!
He's been telling the same story about how he was a day one contractor who delivered heavy stuff that made the company money out in the jing weeds with occasional forays into answering questions like "Do you think we'll be busy this summer?" with answers like "Well, with the bond market as it is, you never know. The Chinese are doing something and it could go either way. All of that could drive the McDonald's stock price up or down, and depending on that, it could affect the entire economy to the point that the labor market ends up different and if it's bad, then, well, don't say I didn't warn you."
59 Dano
I just want to make friends!
I wonder if your mom gave your dad a discount or if she charged him the same $5 she charged the other winos.
At least I knew who my parents were and both publicly acknowledged that I was their son. More than what you can say. Tough break for you Dano but nobody holds that against you. Then again perhaps not and those who do are the ones that you've spoken to in your usual condescending and disrespectful manner. But, given your obvious insecurities we love to hit a nerve now and then and read your comments while you're writhing in agony.
Then how come they're still interesting enough for you to continue to read them? When you have to bear 100% of the cost of running your truck route, buy your own health insurance, fund your own pension 100% with no company contribution and worst of all pay both the employer and employee's share of Social Security you damn well better be paying attention to what the market's are doing and how it impacts your savings.
LarryBird
Well-Known Member
Did not read thread.
But in relation to the thread title...
They've all tried to leave or divert extra volume to that crazy fun Uncle FedEx in the past, and they all come back to Poppa Big Brown, when they get a taste of life with the other half. What seemed like a good idea when they were signing the contract, often times ends badly, especially when the level of savings is taken into account - it's just not worth it.
Our service and caliber of employees, is the difference that justifies our higher cost - if that doesn't matter to you, cool. Enjoy FedEx.
But if you like your packages delivered by well-groomed and professional drivers, with a strict code of ethics, and high safety standards, who reliably pick up your outgoing packages every day at the time that works for you, instead of early because the FedEx guy is out of other work and deliveries for the day and he's about to call it quits - then UPS is the company you will choose, and you will pay the little bit extra.
YMMV with express drivers, but what I posted is pretty standard across the board with the ground drivers, or as I like to call them - The Dream Team*.
(*Not like the 1992 Olympic Basketball team, but more toward the 1989 movie where the mental patients steal the van, and bust out of the looney bin, to head out on a road trip without medical supervision - shockingly similar to how it is when the trucks are leaving a FedEx ground hub at the top of the morn.)
But in relation to the thread title...
They've all tried to leave or divert extra volume to that crazy fun Uncle FedEx in the past, and they all come back to Poppa Big Brown, when they get a taste of life with the other half. What seemed like a good idea when they were signing the contract, often times ends badly, especially when the level of savings is taken into account - it's just not worth it.
Our service and caliber of employees, is the difference that justifies our higher cost - if that doesn't matter to you, cool. Enjoy FedEx.
But if you like your packages delivered by well-groomed and professional drivers, with a strict code of ethics, and high safety standards, who reliably pick up your outgoing packages every day at the time that works for you, instead of early because the FedEx guy is out of other work and deliveries for the day and he's about to call it quits - then UPS is the company you will choose, and you will pay the little bit extra.
YMMV with express drivers, but what I posted is pretty standard across the board with the ground drivers, or as I like to call them - The Dream Team*.
(*Not like the 1992 Olympic Basketball team, but more toward the 1989 movie where the mental patients steal the van, and bust out of the looney bin, to head out on a road trip without medical supervision - shockingly similar to how it is when the trucks are leaving a FedEx ground hub at the top of the morn.)
Didn't you know that the self employed payed both the employer and employee share? Why? Because you are both.
McFeely
Huge Member
My bad. I was thinking you were talking about your employees that worked for you. I misread that-
LarryBird
Well-Known Member
Some people don't realize that you pay 7.65%, and the employer matches that, paying an additional 7.65%, which is shocking when you consider it. This is one of the largest deductions from your paycheck, and one of the backbones of your financial future in retirement, and you don't know how it goes down?
So if you don't have an employer, you are on the hook for 15.3%...got it? Math - how does it work?
I swear, the level of stupidity on this site knows no bottom.
Hi Dave
Don't be so hard on them. Most if not all of the other contributors have been employees all their working lives and pay little attention to the many employment variables that exist outside their own employment experience. The major failing of those who tried X route contracting was a poor understanding of the impact that taxes had on their cash flow and just how hard you had to work to meet those requirements.Needless to say some didn't realize or even know about the need to send in quarterly estimates and fell behind badly And yes some at my station signed their lease and contract over to the next lucky contestant and went to work for UPS, as well as other carriers
The problem with Ground is that a poor setup to begin with is being badly over stressed. You have a parent corporation too dependent on it for earnings along with a growing number of route speculators wrenching every penny of profit it too can get out of it in an effort to flip that contract for big money .
Didn’t you incorporate and take distributions?
Have you ever talked to tax experts?
LarryBird
Well-Known Member
Bye Felicia.
Yes, after we had to incorporate. But, as you know you are still required to take a reasonable salary. I didn't take lot in the way of distributions but rather salary for the sake of higher reported SS earnings and I'm glad I did given that I knew that I was unlikely to make it to full retirement age. Knowing that I also contributed the maximum amount to my IRA in all years including those prior to incorporation. Why? There was a guy on my route that went the low salary high distribution route but lived to regret it when a degenerative spinal disease left him in agonizing back pain but had to continue to try keep working and told me in no uncertain terms not to do what he did.
Didn't need to. I worked as a side job for a Block franchise and knew a bit about what to do. One of the first things I did when I signed onto RPS was send in an estimate.
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