Survey Reveals FedEx Ground Contractor Respondents Vote No Confidence in FedEx Ground CEO John Smith
NASHVILLE, Tenn., Sept. 15, 2022 /PRNewswire/ -- Last week the Trade Association for Logistics (TALP) conducted a vote of no confidence in FedEx Ground CEO John Smith and surveyed approximately 1,200 FedEx Ground contractors regarding their business financials over the course of 4 business daysfrom September 6 through September 9, 2022.
- NASHVILLE, Tenn., Sept. 15, 2022 /PRNewswire/ -- Last week the Trade Association for Logistics (TALP) conducted a vote of no confidence in FedEx Ground CEO John Smith and surveyed approximately 1,200 FedEx Ground contractors regarding their business financials over the course of 4 business daysfrom September 6 through September 9, 2022.
- TALP engaged the global advisory firm Stout to participate as an independent monitor of the data's integrity.
- The survey found that:
"The facts are quite simple: Through an independently verified survey, 97% of FedEx Ground's responding small business owners do not have confidence in FedEx Ground CEO John Smith, 95% of responding small business owners fear retaliation if they speak up, and more than half of responding contractors are subsidizing FedEx Ground by delivering packages at a financial loss each week," said TALP in its analysis of the survey results. - The FedEx Ground network is served entirely by independent contractors, small business owners who complete 100% of the network's deliveries.