[vimeo-autoplay video-id=”401366092″]
JP Hampstead breaks his quarantine to talk about the latest Passport Research he and his team have been working on: what happens after the March 23rd peak of contracted truckload volumes. Hampstead and Zach Strickland also discuss stimulus packages and consumer spending.
Dave
I know I know……..After you peak your wife gets pregnant. Right!!!! Lol.
Seriously, activity is already slowing to a crawl here. Our food biz FINE AND STEADY (people gotta eat somewhere). But EVERYTHING that is non food we move is down and some over 90%. Our NC office move mostly furniture. DEAD. Our mattress biz. Off a cliff. Basically if it ain’t food the demand stopped or the plants completely closed.
I ran a weekly report in our TMS yesterday and the numbers were so off so much I had to run it again and double check to be sure it was right. F–k!!!!!
Layoffs coming here unless we get that promised gov $.