FedEx Ground contractors have various long-standing grievances. High on the list is FedEx's move to seven-days-a-week service in May 2019 — many say there's not enough demand on Sundays to ...

We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal ...

Spencer Patton has 225 FedEx Ground routes in 10 states as well as businesses that offer services to the roughly 6,000 U.S. contractors that transport and deliver packages for that unit.

Patton says the 6,000 FedEx Ground contractors spend about $15 billion per year collectively in procurement – buying vehicles, fuel, uniforms, etc. — but there is no collective purchasing power.

A former FedEx Corp delivery contractor on Tuesday called for a no-confidence vote by contractors against FedEx Ground Chief Executive John Smith, escalating a conflict with the parcel delivery firm.

Its petition states the former FedEx Ground contractor made nearly $527,000 in 2023 and over $1.6 million in 2022. FedEx Ground litigation. According to court documents, ...

FedEx Ground is suing its largest contractor, Spencer Patton, for disparaging the company. Patton has claimed the FedEx Ground network is in trouble due to contractors going out of business.

As FedEx Ground delivery drivers pay the price for soaring inflation and high diesel fuel prices, FedEx’s largest contractor sounded the alarm that at least one-third of the route system is on ...

All packages delivered by FedEx Ground are done through contractors. Patton ran 225 routes in 10 states using 275 vehicles. Most ISPs are small fleets, operating 10 to 25 vehicles, though some 200 ...

FedEx Ground filed a lawsuit in a federal court in Nashville Friday against Spencer Patton, owner of Patton Logistics, one of the independent contractors that make up the company's delivery ...

In a March 18 letter to contractors, FedEx Ground's CEO, John Smith, said the company took a look at the gas and diesel compensation for contractors and decided no special action was necessary.

(Reuters) - A former FedEx Corp delivery contractor on Tuesday called for a no-confidence vote by contractors against FedEx Ground Chief Executive John Smith, escalating a conflict with the parcel ...