Originally Posted by
BoilerUP
Depth and length of the inevitable recession is my biggest concern...the longer this drags on, the longer and more painful the backside will be as the economic damage will be greater, more jobs lost, and more consumer spending slashed meaning fewer goods to move.
I agree. Prediction from the gurus is a 20% drop in freight demand over the next 4 quarters. This is an initial injection for cargo but its temporary followed by a recession. How deep is the big question?