Trade Associations Urge Biden Administration To Act Now To End Port Strike

Thu, 03 Oct 2024 18:11:32 GMT

A coalition of over 270 local, state and federal trade associations have signed a letter urging President Biden and his administration to use all of its authorities to end the port strike, get the ports open and get the parties back to the negotiating table.

Click here to read the full letter.

The associations involved represent:

American manufacturers
Farmers and agribusinesses
Wholesalers
Retailers
Restaurants
Importers
Exporters
Distributors
Transportation and logistics providers
Additional supply chain stakeholders

The Ag Retailers Association (ARA) is among the groups who sent the letter and is encouraging members to let them know how the strike will impact their businesses.

Background:
A port strike along the East and Gulf coasts began on Oct. 1 and will halt the flow of a wide range of goods, potentially leading to shortages and higher costs. According to an estimate from the Anderson Economic Group, a one week strike would cost the U.S. economy about $2.1 billion.

Your Next Read: East and Gulf Coast Dockworkers Now on Strike Over Wage Demands, Halting Key U.S. Cargo Shipments

Northeast (U.S.)

Trade Associations Urge Biden Administration To Act Now To End Port Strike