04/08/2020
Trade logistics is a bulk instant coffee dealer. Obviously instant coffee is Imported and is a staple product. We believe this business will remain somewhat steady, actually with a slight surge due to home stockpiling. The shift currently is a move to home consumption rather than store sales. On the manufacturing end, we believe we will be dependent on the supply chain and the effects of service interruptions, if any. Many of the American manufacturing facilities, being an essential food chain, are still producing albeit to a lower level. Luckily the origin regions of the world for coffee have not been hit to drastically with regard to local labor harvesting and cultivation, so far. So, we expect to be affected, but believe, as an industry, we can weather the storm a bit better than most. We are also a bulk instant tea supplier, and the same applies.
