More than $5 Billion in U.S. Distribution & Warehousing Projects Affected by COVID-19
More than $5 Billion in U.S. Distribution & Warehousing Projects Affected by COVID-19
SUGAR LAND--May 19, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Among one of the most important sectors to provide services during the COVID-19 pandemic is the distribution and warehousing sector of the Industrial Manufacturing Industry. Data centers have become key as a growing number of people turn online for things like communication and shopping. Coupled with this is distribution, warehousing and logistics hubs providing the goods to people by e-commerce. While this sector remains crucial, project activity has not remained unaffected by COVID-19, and Industrial Info is tracking more than $5 billion in U.S. projects in the distribution and warehousing sector that have been delayed or otherwise affected by the pandemic.
Companies featured: Alphabet Incorporated (NASDAQ:GOOGL), Amazon.com Incorporated (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), FedEx Corporation (NYSE:FDX)
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