Rail Labor Agreement Welcome News for Retail Supply Chains

The Retail Industry Leaders Association (RILA) issued the following statement in response to news from President Biden that rail carriers and all remaining rail labor unions have reached a tentative agreement to avoid a worker strike and keep America’s railway system up and running.

“Leading retailers rely on our rail infrastructure to move millions of goods to consumers throughout the country. Ensuring our railways function at full capacity is crucial to keeping retail supply chains – and the U.S. economy – chugging.

“The industry has endured enormous supply chain challenges over the last few years, and we are relieved that rail carriers and labor unions were able to reach a tentative agreement to avoid any further disruption. We look forward to the contracts being formally ratified and we appreciate the Biden administration’s commitment to ensuring America’s railways remain open for business.”
 
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Tags
  • Public Policy
  • Supply Chain
  • Transportation and Infrastructure
  • Workforce

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