The rapidly spreading COVID-19 virus is forcing a change in many North American residents daily work, shopping and entertainment patterns. It should come as no surprise that the truckers who bring merchandise to brick and mortar retailers, as well as those who supply food and supplies to restaurants and bars are being told that for the time being their services are not going to be needed. Of course, this is immediately trickling down to office support staff and sales personnel who are also experiencing layoffs. Layoffs are expected to continue to rise as more businesses close in an attempt to flatten the COVID-19 curve.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Layoffs start rippling across freight industries