dow 24000

[IVE GOTTA PACKAGE 4U]

i'm hearing resi routes that are close to peak volume due to everybody sitting home and ordering online

I had more packages and stops on Wednesday than I did during peak

 

[newfie]

Height of the 08 crash had 10% unemployment. We’re going to double that this time. I think a lot of retail won’t survive to come back after it’s over.

brick and mortar retail yes. online shippers are blown out and hiring. these events tend to accelerate existing trends . that appears to be happening here.

 

[IVE GOTTA PACKAGE 4U]

lot of medical supplies flying. other airs seem to be hit or miss

When I see a half full air trailer at the beginning of the month it's not a good thing

 

[Jones]

The volume swings are ridiculous
The next day air volume is dropping fast.
That's a big money maker

Resi volume is saving us right now, but eventually people are going to run out of money.

 

[It will be fine]

Resi volume is saving us right now, but eventually people are going to run out of money.

That’s what worries me. I’m not sure if I should hire more people to handle the increase or ride it out to see if the bottoms drops out.

 

[DriveInDriveOut]

Height of the 08 crash had 10% unemployment. We’re going to double that this time. I think a lot of retail won’t survive to come back after it’s over.

Thanks Democrats

 

[IVE GOTTA PACKAGE 4U]

Resi volume is saving us right now, but eventually people are going to run out of money.

Yes and the residential volume is much more costly for company to deliver then you add in the lack of air volume and a lack of business volume to suck a good quarter for UPS

 

[olroadbeech]

Yeah, I don't think the reality of what's happening has really sunk in yet. We're looking at double-digit unemployment.

agree. I think the other problem is going to be the FED dragging their feet on this stimulus package. if they mail out the checks too soon they will have to do another stimulus when the new unemployment numbers comein or this thing lasts beyond May which I think it will.

 

[DriveInDriveOut]

agree. I think the other problem is going to be the FED dragging their feet on this stimulus package. if they mail out the checks too soon they will have to do another stimulus when the new unemployment numbers comein or this thing lasts beyond May which I think it will.

These quarantines are stupidity.
Throwing money at people is stupidity.

Go back to work, accept the reality that no one lives forever, move on.

 

[silverbullet2893]

These quarantines are stupidity.
Throwing money at people is stupidity.

Go back to work, accept the reality that no one lives forever, move on.

I have quarantined myself with a bottle of rye. Also glad I don’t have tk listen to these idiots whack their bags to the overrated yadier Molina

 

[Wally]

E.friend. Dave?

Better than Wall Street Wally or E.friend. Kog!

 

[IVE GOTTA PACKAGE 4U]

Better than Wall Street Wally or E.friend. Kog!

Buy scratch off tickets...

 

[Wally]

i'm hearing resi routes that are close to peak volume due to everybody sitting home and ordering online

It's crazy busy. They were begging yesterday for drivers to work today. If it is so bad, where is all the money coming from?

 

[Wally]

Buy scratch off tickets...

Powerball.

 

[Wally]

Lot of target and kohl’s

And Costco.

 

[Wally]

All this bad news doesn't seem to be bothering the market?

https://www.thestreet.com/investing/dow-futures-extend-gains-as-coronavirus-death-rates-slow

 

[MenInBrown]

All this bad news doesn't seem to be bothering the market?

https://www.thestreet.com/investing/dow-futures-extend-gains-as-coronavirus-death-rates-slow

I see what you did there.

 

[newfie]

I have quarantined myself with a bottle of rye. Also glad I don’t have tk listen to these idiots whack their bags to the overrated yadier Molina

I've been loading up on booze in case the close the liquor stores next

 

[Ou812fu]

Yes and the residential volume is much more costly for company to deliver then you add in the lack of air volume and a lack of business volume to suck a good quarter for UPS

I would agree with your statement about residential, but the fact that we are delivering two or three boxes to every third house would suggest we are making a bit more profit on the resis.

 

[IVE GOTTA PACKAGE 4U]

I would agree with your statement about residential, but the fact that we are delivering two or three boxes to every third house would suggest we are making a bit more profit on the resis.

It takes a lot more time and a lot more fuel to deliver 100 residential packages versus 100 business packages plus the air volume is way down That's the real money later though