It adds that his campaign aims to influence contractors to pursue renegotiated agreements with Ground "and then to position himself, on behalf of Route Consultant, in the middle and as a beneficiary of those renegotiations.". Silicon Ledger earns commissions on every successful transaction, the person said. Box 550 Millbrae, CA 94030-0550 The claims about Route Consultant paying to settle claims, committing fraud, practicing business illegally, etc. Spencer Patton, Founder + President, Route Consultant. googletag.pubads().enableSingleRequest(); The businesses were being sold at an average multiple of 0.8x sales and more than 2 times their fleet value, according to the analyst. 2023 Heavy Duty Trucking, Bobit. If you have information in regard to this matter please contact: Adam Hersh, Esquire at Hunter Business Law located at 119 S. Dakota Ave. Tampa, FL 33606. Pattons notoriety could result in more business for his companies as contractors gravitate toward his cause. Get 5 free searches. osage headright payment september 2022 Consumers want to see how a business took care of business. They are a fraud and sham. googletag.pubads().enableSingleRequest(); | 11 a.m. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot5', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767778941-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); }); Its unclear how a lawsuit against their contractors many who are really struggling financially solves the problem of inflation, high gas prices and a driver shortage, Patton said. Unfortunately, Route Consultant has some competitors that have gone online to try to . googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); are simply untrue. Our Summit walks you in detail through how to conduct due diligence on routes for sale, what you need to know on Day 1 of operations, and our expert investment outlook. Patton is also Founder and President of Route Consultant, an organization that provides consulting and brokerage services to FedEx contractors across the country. Topics covered: logistics, freight, operations, procurement, regulation, technology, risk/resilience and more. Copyright 2023, All Rights Reserved, FreightWaves, Inc. Is Spencer Patton FedEx Ground contractors white knight or a moat-protected baron? Its fact not even in question the contractors are loosing large amounts of money all while FedEx profits grow. Many buyers have failed in their 1st year because the numbers were not accurate.Route Consultant is in the business to make money and it shows by their inflated asking prices for Fedex Routes. (Spencer Patton previously resigned, effective 10/25/2022. Dentons > The Legal 500 Rankings Corporate and commercial > Corporate tax Tier 1 Dentons calls upon its extensive international footprint to support clients on a broad variety of Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. This is Spencer Patton, the owner of Route Consultant, replying to this message. Spencer Patton, his wife Carli, and two FedEx contractors bow their heads in prayer early Saturday morning before the Route Consultant conference in Las Vegas kicked off. REBUTTAL BOX
The posting time indicated is Arizona local time. 2. Well said my friend. Delivery giant says Spencer Patton is seeking to boost his own consulting business Spencer Patton, a former hedge-fund owner, said he previously operated 225 routes for FedEx Ground in the Midwest. I just fought with them over this. Open Positions Contact us. Repackaged from Purchased from Amazon, stealing all certifications and false manufacturing markers from the packaging of NB food supplements. }); These are certainly not businesses in distress, the analyst was quoted in the suit as saying. I was told to stop emailing station nmangeent with with questions since I was new to industry and basically started out blind we got no training at all on any aspect. Burgess, Bradstreet, Leland & Associates Contact: Ken Leland P.O. This consulting program for current FedEx Ground contractors focuses on company culture, growing your team, recession-proof processes, prioritizing safety, maintaining your fleet, and more. Call (480) 573-0130. Are FedEx Ground contractors taken advantage of, or do they simply need to be better business people? As to the franchise threat, the document says every business "must determine whether membership in any trade association is in their organization's best interest." googletag.defineSlot('/21776187881/fw-responsive-main_content-slot5', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767778941-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); FedEx and its largest contractor are locked in a contentious battle over how to handle rising costs. Why Ripoff Report will not release author information! Route Consultant, Inc. and Spencer Patton have served a subpoena on Xcentric Ventures, LLC, the company that owns and operates this website, to reveal your identity. But things got worse last winter when FedEx overestimated package volume for the 2021 holiday season. Hours after filing suit seeking "permanent injunctive relief and monetary damages" related to "false and misleading statements" about FedEx Ground, the Memphis company terminated all contracts with Patton. FedEx does everything to save face and nothing to address the problems within its own business. In his speech, Patton introduced the Route Consultant Purchasing Alliance, a . It also features a disclaimer that it is not endorsed by, recommended by, sponsored by, approved by, or associated with FedEx or Amazon in any way. The poster child for the FedEx Ground third-party model is Spencer Patton, who has built a mini-empire that included driving, route consulting where he brokers agreements between route buyers and sellers, training, equipment leasing and tax services. He also says that FedEx Ground has not adequately addressed other strains on contractor profits, such as Sunday deliveries. googletag.pubads().collapseEmptyDivs(); Given the opportunity to have a couple minutes on the phone together, I am completely confident that you will come away from our conversation with your own conclusions about whether or not we operate with integrity. . Please take notice that Route Consultant, Inc. and Spencer Patton have initiated a counterclaim in the action in Circuit Court of The Thirteenth Judicial Circuit, in and for Hillsborough County, Florida, cause number 19-CA-007665, due to false statements allegedly made by Routes for Sale, LLC and Ron Slusser. But every contract is based on potential growth which currently is not happening. Overhaul what isnt working and optimize the rest. moving average multiple time frame fallow deer hunts new york corset top pattern free download. googletag.pubads().collapseEmptyDivs(); Route Consultant programs offer new investors and current contractors a clear path toward profitability and operational success. FedEx Ground filed a lawsuit on Aug. 26 against Route Consultant for disparaging FedEx Ground through a series of alleged false and misleading statements about its commercial activities. Copyright 2023, All Rights Reserved, FreightWaves, Inc, FedEx Ground sues delivery contractor for creating fictionalized crisis, Loaded & Rolling (Enterprise Fleet News/Analysis). but there is no collective purchasing power. Industry InsightsE-CoursesWeekly Webinars, Privacy PolicyDo Not Sell My InfoTerms Of Use, 5511 Virginia Way, Suite 400, Brentwood, TN, 37027, United States. After months of Spencer Patton's demands, FedEx cut his contracts and is seeking "permanent injunctive relief and monetary damages" against him. The lawsuit and the operating revocation, which both occurred on Aug. 26, could be interpreted by many contractors as hardball moves by a tough company that has so far failed to take their plight seriously. colonel frank o'sullivan interview; beverly hills high school football Additionally, we've evaluated the financial and operational data of thousands of companies in the FedEx . Come focus on ways you can streamline your payroll, repair and maintenance, and vendor expenses. This report was posted on Ripoff Report on 11/07/2019 11:18 AM and is a permanent record located here:
}); googletag.cmd.push(function() { They are digging in there heals instead of addressing the issue and their responsibility. "My heart is in this to see FedEx Ground make lots of money," Patton said during one of two keynotes he gave at the conference. "What really lit this powder keg," Patton told Insider last week, was "when FedEx released and highlighted in their earnings report that they had successfully passed through fuel surcharges to the US consumer, and then did not pass through the entirety of those to their contractors.". Mr. Patton is also Founder and President of Route Consultant, an organization . What FedEx Ground didnt do, and what it is far from doing at this point, is remove Patton completely from the equation. Our team knows this industry inside and out, and our team of professionals bring decades of combined contracting experience. Founder @ Patton Holdings; Vice President of Marketing @ Kpac Solutions; Consultant @ Delek Refining; Speech and . Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. In a 29-page complaint filed Aug. 26 in U.S. District Court for the Middle District of Tennessee, FedEx said Patton has misrepresented the financial hardships of FedEx Ground contractors. via email sthakrar@burr.com or facsimile 407-540-6601. . The complaint disputes Pattons comments about contractors being in financial distress and says Patton has created "a fictionalized crisis" to promote the services of Route Consultant. Thank You Spencer Patton. The routes were valuable assets that were flying under the radar, he said. Patton has formed the Trade Association of Logistics Professionals, which he has said will be open to all contractors who work on behalf of transport and logistics companies. Name * First Name. }); googletag.cmd.push(function() { window.googletag = window.googletag || {cmd: []}; We have no ability to pass through increased costs, so we are 100% at the mercy of FedEx Ground to make, in extreme cases like this, mid-contractual adjustments., Patton said historically, the relationship between FedEx Ground and its contractors was kept in balance because FedEx Ground relies entirely on contractors, if they allow their contractors to financially struggle to the degree where they collapse, then so, too, does FedEx Grounds entire delivery network. In a video appeal and supporting letter Spencer Patton, Founder + President of Route Consultant, urged FedEx Ground to provide substantial financial remedies to its base of 6,000+ Contracted . Route Consultant, Inc. and Spencer Patton have served a subpoena on Xcentric Ventures, LLC, the company that owns and operates this website, to reveal your identity. Although the association was Pattons vision, it is taking nominations for an elected 10-person board to direct its initiatives. Founder and President @ Route Consultant; Chairman of the Board @ Williamson County American Red Cross . Patton also criticized FedEx Ground CEO John Smith for not responding to his invitation to speak before the group. In a typical year, Patton brokers the sale of between 1,000 and 2,500 routes at an average cost of $110,000 to $125,000 per route and pockets a 10% commission on each transaction, the person said. I only wish mark Solomon wasnt such a putz and really did some real research and would write the truth, call me mark, I will give you facts and lots of people to talk too. February 27, 2023 new bill passed in nj for inmates 2022 No Comments . and an M.A. Yet the C T A defends FedEx and is upset that the fed gov says truck drivers should have 10 sick days ( including subcontractors?). 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