Originally Posted by
Noworkallplay
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?
Not sure about freight demand but since we don’t fly a whole lot of it, and what we do fly is moved through supply chain solutions network, maybe we’ll be ok?
From a classmate of mine whose buddy is a nurp. (don’t shoot the messenger). Supposedly we saw a 7% drop in the domestic segment but a ‘large’ bump in the international cargo market. This came from last week’s meeting and I’m not sure if these numbers pertain to 1 week or 1 month of operations?