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Old 12-05-2020, 07:02 AM
  #21  
Tango Uniform
Gets Weekends Off
 
Joined APC: Mar 2014
Posts: 176
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Rona was the best thing that happened to Fed Ex and UPS. It’s been peak since March. Online retailers having multiple regional distribution centers give customers same day or next day delivery with no Rona risks. The carriers get the business with delivery and returns. When Rona ends, I feel people will still shop the same way. I feel passenger carriers are going to have problems for a long time after Rona is gone. Business’s have reduced T&E expenses with Zoom, and Go To Meeting. Business travelers accounted for the bulk of passenger airlines. Companies seeing the profit increases from reduced expenses will continue with virtual meetings. One company I invest in was down 15% in sales YTD. Their profits were up 4%. It was from using more outposted employees and reduced travel expenses.
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