MAKAVELI
Banned
I wouldn't say it will stop the merger. Just not the merger they want.
Ground contractor sues Fedex
- Thread starter NC man
- Start date
yadig
Well-Known Member
If you notice in the earnings report that FedEx always mentions that they may have future issues with the contractor model. Why is that?
Mutineer
Well-Known Member
Unlike in years past, FedEx made it so that a person must be very heavily invested in order to play the game.
Once that was done FedEx began to take advantage of that circumstance and treat their contractors like crap. Really no different than abusing a tied down animal.
Do you have any viable suggestions to offer those beat down fools in order so that they can tell The Suits to shove it and go out and "make money." ?
It will be fine
Well-Known Member
https://www.reuters.com/legal/feder...rs-racketeering-claim-arbitration-2024-05-07/
Judge kicked the case back to arbitration. Doesn’t look like this is the case to bring down the contractor model. Womp womp
Judge kicked the case back to arbitration. Doesn’t look like this is the case to bring down the contractor model. Womp womp
59 Dano
I just want to make friends!
It will be fine
Well-Known Member
It is a bit disappointing but not surprising that they didn’t get past the arbitration clause in the agreement. This will no doubt embolden terrible managers to continue to act terribly in their interactions with contractors.
This woman is just another casualty of the FDX Ground contracting game. In addition to losing the 1.13 million she badly overspent to buy those routes she now has court costs and attorney fees to pay. And she might as well not bother going to arbitration because she'll lose there as well and have to pay court costs and attorney fees and pay the arbitration people who hear the case all of whom are picked by FDX.
The people who sold that scam to that woman ought to be ashamed of themselves if not for the fact that she was another one who wanted in there badly enough thinking that all she had to do was to get some routes then just sit back and count up the cash.
Rather congratulations goes out to the previous owner for seeing when it was time to go and for finding the poor dumb thing they could they could dump it onto for at least 4 times what it was worth.
zeev
Well-Known Member
FedEx stooge
yadig
Well-Known Member
I’d like to know what it cost FedEx
59 Dano
I just want to make friends!
In your post in regards to this, you said you told people FedEx was the mob and they laughed.
I bet you get that a lot.
59 Dano
I just want to make friends!
This was silly to begin with. They expected to be taken seriously with the RICO crap? This sounds like the kind of stuff that rubes say when they call the lawyer shows on the radio.
1. Continuing demands for increased capital commitments.
2. The absence of a fully bipartisan negotiated, mutually binding contract that contains a legitimate and fair system of dispute
resolution.
3. Relentless downward pressure on contractor settlements including an outrageous fuel surcharge system where less than the full
amount of the surcharge is forwarded to the contractor the person who is buying the fuel.
4. A rigid command and control system whereby all meaningful decisions remain entirely in the unchallenged control of the
company leaving the contractor with no other choice but to bow and submit to whatever new demands that are made by the
company or is subjected to an immediate termination order.
5..Face it. It has become a higher risk shrinking rewards environment and a terrible place to invest your money given that there is
no clear evidence that putting additional money at risk will result in a better economic outcome.
6. But as long as greedy, uninformed, risk blind people remain completely willing to put every cent of money to their name
chasing a dream of personal economic enrichment Fat Freddy will be happy to paint that illusion for them.
I’m not positive, but I don’t even think they pretend it’s necessarily justified. I believe it showed up in a quarterly report and was identified as a reason profit were higher than expected z
Translation: the fuel surcharge wasn’t about higher fuel prices. It was to pad the profit margin.
MAKAVELI
Banned
Always has been.
