NACD Provides Statement on Potential U.S. Rail Strike
The National Association of Chemical Distributors (NACD) President and CEO Eric R. Byer issued the following statement on the potential U.S. rail strike:
“The disruption caused by the looming rail strike will be catastrophic to businesses still recovering from the impacts of the supply chain crisis and navigating inflation, rising interest rates, labor challenges, and more. Chemical distributors, many of which are small businesses, rely heavily on railways as they process and deliver critical products used in goods that support Americans’ everyday life.
“Earlier this week, NACD sent a letter to Congress highlighting the risks of this potential strike and called on Congress to use its legal authority under the Railway Labor Act to intervene to prevent a rail stoppage.
“A rail strike of any duration will exacerbate existing supply chain challenges, render significant damage to the U.S. economy and threaten the movement of products that are critical to the health and well-being of Americans. We urge all leaders and stakeholders, including rail companies, unions, lawmakers, and the Administration, to take the necessary steps to stop this impending strike quickly and effectively.”