c.h. robinson worldwide.s a logistics company and it's a third-party logistics company so they axe range freight and they contact with the trucking companies that ship things ubs upgraded them and the reason they did that and the reason they expect freight shipments to decline, what they're expecting is that the price of trucking will go down enough that it may help their margins a little bit and so we did see bullish activity in the options market that traded more than four times its average daily call volume and it was a purchase of the april 75 call spread and someone paid for $1.12 and the caller of the spread is betting that chrw, and the ticker symbol of c.h. robinson worldwide could rally 5% or more on the ubs upgrade. >> mike khouw looking at c.h. robinson let's bring in dan, and if you're still there, what do you make of the trade and some of these transports and global commerce will go down, and listen, if you want to get something somewhere you will pay a lot of money to make sure critical supply g

c.h. robinson and that to me is a stock that's rallying ahead of nine months and these are places where markettical forces tell you you can actually be buying them if you have some sense on the depth of the recession i do think that's important. other signposts have to at least be on some level measuring economies around the world nah ha that have gotten through this and they were almost flat for march and their economy wasn't as shut down as others these aren't things to necessarily impute totally on the u.s. economy, even though normal is not what normal may number six months. >> who knows what normal means nowadays >> well said, tim seymour. let's get the latest with rahel solomon. >> there could be new snaps for the government's ppe program according to people familiar with the matter that the country's two largest bank, j.p. morgan chase and bank of america had a combined 625,000 requests for loans and $80 billion in loans as of tuesday and only a small fraction of that has been processed and paid out so far. we heard from kate rogers, our small business reporter that she's hearing from s