March 18, 2020
Distributors seek financial relief from the White House
Today the International Foodservice Distributors Association (IFDA) 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. This industry is integral to feeding America—and now we are asking that the federal government help the industry remain solvent.”
IFDA’s letter urges the President to work with Congress to develop policy to relieve the current capital crisis for all businesses impacted by the coronavirus pandemic.
About the International Foodservice Distributors Association
The International Foodservice Distributors Association (IFDA) is the premier trade organization representing the $280 billion foodservice distribution industry. This industry ensures a safe and efficient supply of food and products to more than one million restaurants and foodservice outlets in the U.S. every day. For more information, visit www.ifdaonline.org.
States are once again asking restaurants to close or limit their on-premise capacities, which means Congress and the White House must step in to help. Read more
With the election over, Congress and the Administration must follow through to provide COVID-19 relief to small businesses, restaurants and foodservice distributors. Read more
With Senate talks planned on “skinny” relief package set for next week, IFDA urges the White House and Congress to make a deal to help American businesses and workers. Read more