Foodservice distribution industry seeks federal financial relief due to Coronavirus impact

Foodservice distribution industry seeks federal financial relief due to Coronavirus impact

The International Foodservice Distributors Association (IFDA) recently sent a letter to President Donald Trump regarding the dire scope of financial hardship prompted by COVID-19 which has negatively impacted restaurants, schools, hotels and the distributors who supply them.

The following is a statement from IFDA CEO, Mark Allen.

“COVID-19’s economic impact on the foodservice distribution industry is dire and requires immediate attention from the Trump Administration. Foodservice distributors deliver to professional kitchens across America by supplying food and related products to restaurants, colleges and universities, hospitals and care facilities, hotels and resorts and other foodservice operations. With many institutions closed and restaurant sales limited to carry-out and drive-throughs, distributor sales have declined rapidly and substantially. Yet distributors and their restaurant customers still incur significant day to day expenses such as rent payments and they must continue to make payments on any loans they may have incurred. The $280 billion foodservice distribution industry and the 350,000 Americans it employs desperately needs to be included in President Trump’s economic stimulus package. These are the people who under normal conditions keep the supply chain flowing, they help feed America—and now we are asking that the federal government help them feed their families.”

IFDA’s letter asks the president to work with Congress to develop policy to relieve the current capital crisis for all businesses impacted by the coronavirus pandemic.

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