Liberal Forum

The Biden Economy is hard at work

FedEx delivery network is 'on brink of COLLAPSE' because rising costs have pushed contractors to brink of bankruptcy, owner of delivery truck fleet warns

• FedEx Ground delivery contractors have been demanding higher pay and changes to operations with profit margins squeezed due to inflation
• Rising costs due to fuel and inflation mean local contractors that deliver FedEx packages on behalf of the conglomerate are at risk of going bankrupt
• FedEx doesn’t employ drivers for its Ground operation and instead relies on contractors — often small operations with tight profit margins 
• FedEx recently severed links with one contractor, Spencer Patton who ran a fleet of 275 trucks across 10 states saying he was 'spreading misinformation' 
• Patton had signaled warnings: 'The FedEx Ground network is in far more peril than what anyone realizes,' he said

https://www.dailymail.co.uk/news/articl ... g-act.html