When asked to compare their business volume to normal levels, early during the pandemic outbreak, losses in business were lower, and many fleets actually saw increases to restock from panic buying. In April, the height of the shutdowns, far more fleets saw a drop in business. In fact, respondents reporting a 25% drop in business or more rose from 42% in March, to 78% in April, but fell to 38% in May as businesses started to reopen.
Source: HDT Pulse Surveys
When asked to compare their business volume to normal levels, early during the pandemic outbreak, losses in business were lower, and many fleets actually saw increases to restock from panic buying. In April, the height of the shutdowns, far more fleets saw a drop in business. In fact, respondents reporting a 25% drop in business or more rose from 42% in March, to 78% in April, but fell to 38% in May as businesses started to reopen.
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