Income

Discussion in 'XPO Logistics' started by whip1, Feb 2, 2018.

  1. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    Another FOS gone. Maybe the new TM will clean house a little ?
     
  2. Con-F-Trucker

    Con-F-Trucker Active Member

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    yes we are paid pretty good our Benefits for the most part are good but they could be much better ! Our health care well it sucks costs too much covers little . we currently train drivers in driving schools which 90 % of them within a yr of being trained go to FED _ EX Wonder why ? One they don't have many options on the bottom it will take yrs for them to get to the top of the board if they can wait that long our benefits do not equal most competitors . So yes If I was a new driver I would go to FED EX they get overtime after 8 and after 40 and they make more per hr and per mile . We used to offer benefits that the others did not have . You want to retain drivers you have to give them what they can't get somewhere else . So until we can do that again I say STOP the driving schools cause we are only helping our Competition and training their New drivers !!
     
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  3. TITANFAN

    TITANFAN New Member

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  4. whip1

    whip1 Well-Known Member

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  5. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    How will XPO weather the coming recession ? And when will the next recession hit ? This " Trump bump " can't last forever.
     
  6. guitarman1

    guitarman1 Active Member

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    At-least 7 more years...
     
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  7. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    Not likely. Inflation will go out of control. At some point the Fed will step in and jack up the rates to stop all of this.
     
  8. icuicp

    icuicp Well-Known Member

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    As it has been said before , the stock market is overdue for a correction. If memory serves me correctly LTL companies that were in a tough position financially ( and ones that weren't ) took the opportunity to take back pay and benefits from employees during the "Grear Recession".

    Hopefully struggling LTL companies will have a strong enough balance sheet if the fit hits the shan.
     
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  9. whip1

    whip1 Well-Known Member

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    That’s the $10,000 question. Anyone with half a brain knows when things go up, they always come back down. Hopefully it doesn’t go down as quickly as it went up.
     
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  10. whip1

    whip1 Well-Known Member

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    If it’s soley the doings of the president, why has the market been so volatile?
     
  11. icuicp

    icuicp Well-Known Member

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    Investors can read and watch news too. News is not all fake. As much as the current President has done to help the business environment , he also seems REALLY bad at getting out of his own way.

    Without getting into a political pissing match , the fact is most people would like the country to succeed AND look good doing it. This seems to be a top down approach - help the large companies and ultra wealthy and in turn they will hook up the working class. If they want to.

    The question remains how XPO Logistics leadership will help or IF they will help ( share ) the good fortune given by the Trump administration. There has been only rumor and gossip as to what will happen and for over a year now , upper management has circled the wagons and went off the grid as far as communicating with the rank and file.

    Aside from leaving or joining some union movement ( that the company will and has fought tooth and nail ) , there seems to be little that can be done that substantively matters , except to hope peer pressure from other corporations ( FedEx anyone? ) pushes XPO leadership to do right by it's workforce.

    Remember it's been a little over two years and the upper management has done a 180 from the first year to the second by almost vanishing. Shutting down communication and access from the working folk. 180 degree turnaround.
     
    Last edited: Feb 12, 2018
  12. ScotchNeat

    ScotchNeat Well-Known Member

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    There was somewhat of a correction in the stock market last week if I recall. I lost nearly 10%. And the fed has been steady raising rates a little at a time since Trump took office.
     
  13. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    That was a “ blip “. We are over due for a wide and lengthy correction. Remember. Our money doesn’t mean anything. The gold standard is gone. They control and manipulate the entire process. How much money there is available and what that money is worth.
     
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  14. Fly-by-night

    Fly-by-night Only when you care to send the very best

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    The Fed Ex near me doesn't even hire outside drivers. The only way to drive at the FedEx near me is to start as a dockworker and then get selected to go through there driving school.
     
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  15. Fly-by-night

    Fly-by-night Only when you care to send the very best

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    That's true the liberals have to make sure that Trump doesn't do anything good for the country
     
  16. Fly-by-night

    Fly-by-night Only when you care to send the very best

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    If you owned a business this would be your hiring pool so would you expand?
     
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  17. sucker666

    sucker666 Well-Known Member

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    I believe the head of the Federal Reserve is a Trump appointee
     
  18. icuicp

    icuicp Well-Known Member

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    I lost close to 15% , but still far ahead if where a normal couple of years would have been. And , there has been a slight rebound.

    There is a guy who has a slogan - save more and spend less ( or something like that ) - Clark Howard - I have heard him say to treat a stock market downturn like a sale , pick out good stocks and get them at a discount.
     
  19. sucker666

    sucker666 Well-Known Member

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    I agree on buying on those downturns but also do you homework and invest in companies that have sustainable future. I don’t have the time or stomach for day trading casino . The individual stocks I own are in company’s that have established steady long term growth and not as volatile as some. I have a friend who day trades and he only invest in stocks that tend to peak and fall back quickly in market fluctuations. He is not concerned about long term stability. Short term gains based on overly positive evaluation. Those type of stocks and trading add no real value to the economy but only enrich those at the top of the company and short term investors.
     
    Last edited: Feb 19, 2018
  20. Fly-by-night

    Fly-by-night Only when you care to send the very best

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    This works for me it's called paying CASH. Get out of Debt and stay out of debt, quit borrowing money! The only loan you should ever get is a home loan an that's it. Just think how much money you will have to save, or invest if you paid off all you debt.
    Live on less than you make
    Have a budget
    Stocks are really risky and you have to have the time and money to watch them every second of the day. Good Mutual funds are safer and have steady returns over the life of you investing
     
    Last edited: Feb 19, 2018
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