Amazon in CT

I follow finances such as wall street etc.

I believe the American Customer has pulled back on purchasing, given the total credit card data charges as of last quarter. 2019 will be a difficult year for many without money. And we are there now.

It stands to reason that you are very close to NYC which is supposed to be Amazon HQ2 future location, but all of that is up in the air creating a problem because it's possible they don't know just yet which way to steer the ship so to speak.

Apparently you do have freight, be thankful and try whatever possible to put some aside if you haven't already against the coming storm.

 

After the holidays things slow, sometimes to a crawl. That would go for UPS, FedEx, Amazon, Walmart. You notice everyone hires more people and trucks right before the holiday after that everything goes south (not literally)

 

I had one rule that was taught to me by some dear family members who were experts in the food and beer business.

"Pay the #### 10.00 on a bill you cannot afford in four lifetimes. It is a good faith payment that you cannot be sued."

Right now in ten dollar bills there are 12 seperate invoices from medical work dating back 4 years and looking as far as 6 plus years into the future being maintained by a 10 dollar bill on each of them every month. Outflow totals 120 a month. It fluctuates between 40 to 220 a month. Im fixing to add three more doctors visit within 4 weeks. A cardiologist, a neurologist (I discovered one retired which is good for her but such a loss on my part, I can ask for any medicine after making a short Federal Case supporting it and get it even if it's a schedule one) and back to the bone doctor if the knee is further damaged.

In cash I have paid 30,000 to date in the last 20 years and insurances have run a total of approximately half a mil and counting. If this keeps up with increasingly major surgeries it might be real possible to see if there is a medicare cap of a million or so.

 

I was wondering the other day. I see a lot of their trailers running around all over the place, but I have to wonder how much "goods" are in the typical Amazon trailer. Companies like this in this current phase have grand ambitions and will try for 6-12 months to convince themselves they really need all those assets running around, but after a bit they realize they may have underestimated the costs [of moving trucks only half full] and overestimated the business demand in the short and medium term.

I may be wrong, but I suspect I'm largely right, and what you're experiencing is Amazon coming back to reality and is now tweaking their logistics model to reduce truck movements and make existing truck movements more effective (more freight in them)

 

Happening to me also. They are telling me to put more drivers in the system but are not giving work to support it. Never can get a straight answer about load volume. Load board has terrible rates on them.