New York was the busiest port in the U.S. for the second month in a row and supply chain experts say it may signal a permanent shift away from West Coast trade.
on Friday urging him and the administration to continue to work closely with the rail labor unions and railroads on the ratification process for the tentative agreement. The National Retail Federation, which spearheaded the letter, signed by 322 groups, says there is significant concern among stakeholders of a potential strike with two of the unions now rejecting the contract.
union became the second union in two weeks that voted not to ratify the National Tentative Agreement. "Retailers, along with the greater business community, remain concerned about the ratification of the tentative agreement negotiated by the administration, rail labor unions and railroads. With ongoing supply chain disruptions, the last thing we can afford to have is a total shutdown of the freight rail system," said John Gold, vice president of supply chain and customs policy at the National Retail Federation.
"As a result of primary rail users acting on contingency plans, we have also seen increasing concerns about truckload capacity availability among shippers who are less likely to use rail and typically rely more heavily on truckload," said Tom Nightingale, CEO of AFS Logistics. "We continue to see the most market-aware shippers moving quickly toward contingency plans that involve long-haul truckload.
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