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.
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