Military Movers Bleed Red Ink as Troop Transfers Delayed Anew

May 05, 2020

The Pentagon, as the coronavirus continued to spread, has extended through June 30 its halt—originally set to end May 11—on most troop moves. The International Association of Movers and The American Moving and Storage Association initially urged Congress to pass $187 million to help the industry after the Pentagon stopped the moves on March 16 and raised their request to $450 million on April 27, warning of “unprecedented economic losses” causing movers to go out of business, with widespread job cuts.

Full Story at Bloomberg Law >