As outlined in the recent message from Henry Maier, it appears more change may quickly be approaching.
These changes, if and when implemented, will have a clear and significant impact, not only on your operation, but will definitely impact your costs, and resulting bottom line.
We are not trying to be alarmist, but the changes mentioned will fundamentally change the way you conduct your business.
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Take a look around.
Do you see the number of contractors around you dwindling?
How many contractors do you see today, vs. how many there used to be 2, 5 and 10 years ago.
It's plain to see the number of contractors is shrinking, while the number of trucks grows
This results in fewer, but larger operations.
Think this is a coincidence?
It's not.
As you seek answers from FXG on how you will achieve scale, contiguous service areas and overlap, you are being told you need to "work it out" with those around you. Well that's great, but how are you supposed to do so if you have limited resources?
There is a way, but you'll need to ask yourself some questions first.
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Topics:
Business Structure,
Business Tools,
Management,
Payroll,
FedEx Ground,
Business,
Investment,
model,
Merge,
Purchase
Some of you reading this have already negotiated your first ISP agreement.
Maybe more than one. Others, still have not gone through the process yet, and are wondering what to expect.
Whether you are a veteran, or going to be a rookie, we thought we'd take this opportunity to share with you what we have learned from helping more than 800 of you (as of August of 2017) successfully get through the process.
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Topics:
Business Tools,
ISP Negotiation,
Ground,
ISP,
FedEx Ground,
Business,
Contract,
Negotiation,
contractor
Recently, we were at a presentation where we discussed the ins and outs of the ISP negotiation. As part of these, we always go over what life will be like as an ISP and what other changes are on the horizon.
As part of these lively discussions, the subject of "are ISP's profitable" always comes up.
As usual, there are those in the group that want to voice their displeasure and complain about how they are not making any money. Believe me, we hear this at all of our sessions, from coast to coast.
This time it occurred to me to ask the group, "So what do you think it takes to be profitable?"
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Topics:
Business
Here we are at the end of another year.
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Topics:
Business Structure,
Business Results,
FedEx,
Business Metrics,
Business,
Investment,
model,
Metrics,
Selling,
contractor,
Profit,
vendor
Once again, you've spoken...and we've listened!
Today, we'd like to announce that we have a new service available for you, that we
think, will REALLY change the way you operate and enable you to soar to a new level of productivity and profitability.
It's the "Cure" for what's been draining your time, and limiting your success.
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Topics:
Compliance,
Ground,
Business
Have you ever wondered how productive your operation is?
Do you want to know how efficient it is?
Do you think about how much your business might be worth?
You’re not alone.
We have people from all across the country that ask us these questions every day.
So, in response to these questions, we have developed a method for answering these questions.
We are in the unique position that we have visibility into all different types of
operations, big and small, rural, urban and yes, even linehaul. Not only can we see into these operations from a data standpoint, but as most of you know, we talk to many of you each day.
It is from our data, our over 70 years of experience, and from sharing best practices with all of you that we have crafted a very comprehensive report that gives you the answers to these burning questions.
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A much improved way to keep track of your employee hours, outside of any FXG system, is now here!
Not only will the new eTruckBiz Timekeeper keep you compliant with FXG's demands, but it can save your contract!
That's right, using the new app affords you all kinds of benefits, but none is more important than keeping you in business.
How so, you ask?
Well, here's how......
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Topics:
Compliance,
Timekeeping,
FedEx Ground,
overtime
It's been a while.
Yes, we know that it has been a while since we released anything new and exciting to help you run your business.
But good things come to those who wait!
We want to give you a sneak peak at the new "Contractor Business Intelligence Dashboard"....
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Topics:
Business Tools,
Compliance,
FedEx,
Intelligence,
Ground,
Business,
Metrics,
Dashboard
Why is it important to understand and monitor your weekly Driver Productivity Report that is emailed to you weekly from eTruckBiz?
Well, it could mean the difference between surviving in the ISP environment or not.
I want to take you through the report, and show you why it is of utmost importance and why it matters to you.
First and foremost, it provides a way for you, on a weekly basis, to measure and monitor the performance of each driver to the goals or expectations you have in place for them. You should use it to give your drivers feedback and follow up on their performance.
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Topics:
ISP Negotiation,
FedEx,
Business Metrics,
Ground,
ISP,
Business
Now that you know you will be going through your initial negotiation, there are a few things you need to be doing NOW. This it true no matter how far off it may seem. If you ask anyone who has already been through one, they'll most likely tell you that a solid understanding of where you currently stand (number-wise) is the foundation of a meaningful and successful process.
Not only will doing the things we are about to mention help you get more of what you want, but being prepared will dramatically lower your stress levels.
Most of us, when embarking on a journey to somewhere we've never been, get the map out (or today "Google It") to see where it is we are going. We then PLAN on how to get there.
You can PLAN your journey to your ideal ISP Destination by doing the following things:
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Topics:
ISP Negotiation,
FedEx,
ISP,
FedEx Ground,
Business,
Contract,
Negotiation,
model
Today, we'd like to announce a new initiative for 2016 that is aimed at helping you run your business better!
We would like to announce: eTruckBiz University!
The purpose of eTruckBiz University is to be a source of continuing education and business training that you and your supervisory people cannot get from FXG. It is a way for you to get away from the daily grind so you can put things into perspective.
It is essential Business Training For FXG Contractors!
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Topics:
Business Tools,
Classes,
Training,
Intelligence,
Business Metrics
The time has come to look at the ISP Negotiation process from the contractor perspective.
First, let's go ahead and call it what it is: David v. Goliath, FBS vs. FCS, Large Cap vs. Small Cap. It's the tremendous resources of FXG vs. those of an individual contractor. I think we can all agree that from the ability to influence, FXG holds the cards.
But that doesn't mean, a contractor cannot conduct a meaningful, and even successful negotiation. It just means that in order to do so, the contractor needs to do some homework, and find some very special tools and help.
Well, now, finally, the tools, and help exist...
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Topics:
Business Structure,
Business Tools,
ISP Negotiation,
FedEx
Finally, it has arrived!
By overwhelming demand, we are introducing a new set of services from the highly experienced folks here at eTruckBiz, that will without question, make your life and business easier to manage, while producing information you need to conduct a more meaningful ISP negotiation.
We can now take some of the most burdensome chores out of your busy hands, so your can MANAGE your business, instead of spending hour after hour doing "busy-work".
Our new services produce not only the usual information you need for accounting and taxes, but turn this data into contractor-specific information that you'll use to get new, powerful insight into your FXG business.
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Topics:
Business Tools,
FedEx,
Bookeeping,
Payroll
One of the most difficult and tedious tasks that an FXG CSP faces, is the continuous burden of finding new drivers.
In order to find new drivers, you first must have a solid way of sourcing new potential driver leads.
This can't be that hard...right?
Well...
How do you find them? Where do you find them? What do you do if you find them? How can you screen through them to get some good candidates, without it taking too much time and effort? Can you organize the ones I have so that you can find them and work on them when you need to? Can you email the good ones an application?
We've created a revolutionary new tool to make it easy to do all of this.
See how ...
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Topics:
Business Tools