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Great News!

Discussion in 'FedEx Custom Critical' started by interstategar, Jun 29, 2015.

  1. interstategar

    interstategar Expert Expediter

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    The freight trucking industry is growing profit margins at the fastest rate of all industries, according to financial information company Sageworks. Using an analysis of the financial statements of privately held companies, Sageworks ranked all industries by growth in net profit margin over the past 12 months and found that general freight trucking grew profitability by 53.8 percent during the period ending May 31.

    Now I'm sure all our compensation will go back to the 57.5-58 pct of revenue, now that the recession is over. I think that's what we were told the reason for the rate changes were for. I can't wait to get the letter from Green, that the past better compensation, will be restored.
     
  2. Pro3500
    Cloud_9

    Pro3500 Active Expediter Owner/Operator

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    I hope your not holding you breath.
     
  3. 29GHOST

    29GHOST Rookie Expediter

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    Thats laughable profits up. maybe for FCC but for us this flat rate sucks barely getting by if they don't change the pay rate soon may look for something else. or somewhere else
     
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