Originally published at: https://www.freightwaves.com/news/the-loss-of-snap-benefits-could-slow-the-freight-market
With the Federal Government shut down, SNAP benefits are at risk right now, and this could lead to a significant drop in consumer spending—and by extension, freight volumes—for as long as the shutdown drags on. According to SONAR data, we’re already seeing freight volumes down 18.5% year-over-year. October’s end usually kicks off peak season, but…