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with its partner network. “And my business will not be able to continue operation past November 25.” Patton says the Official Open day usp kisa T-shirt Furthermore, I will do this wages he needs to pay to keep drivers are up 37% in the last year. Truck prices are up 30%. And diesel is up 52% compared with a year ago. His suburban Nashville-based company, Patton Logistics, delivered about 6.5 million FedEx packages last year. FedEx, meanwhile, reported that revenue at its FedEx Ground unit increased $2.7 billion, or 9%, to $33.2 billion in the fiscal year ending in May compared to the previous year. Still, FedEx Ground is refusing to offer the kind of across-the-board financial relief to its contractors that Patton and others are seeking. “We recognize that current economic conditions are posing new challenges,” FedEx Ground said in a statement. “We remain committed to working with service provider businesses individually to address the challenges specific to their situation.
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