NRF urges Biden to use ‘any and all’ authority to immediately end port strike
The ports are estimated to handle almost half of the goods shipped into and out of the U.S.
In a statement, Brian Dodge, president of the Retail Leaders Industry Association, said that while leading retailers have prepared for disruptions, the U.S. economy is likely to see “immediate impacts from even a short-lived strike.”
“Latest estimates suggest a strike could cost the economy over $4 billion a day,” he said.
FMI — The Food Industry Association — also issued a statement in which is said that while there's never a good time for a strike, the current strike is compounding the "horrific situation" in the Southeastern United States resulting from Hurricane Helene.
“Compounding the implications of this strike, we are facing a humanitarian crisis of extraordinary proportions," stated FMI president and CEO Leslie G. Sarasin. "Hurricane Helene’s aftermath in communities across North Carolina, Virginia, Tennessee, Georgia, Florida and South Carolina have left tremendous flooding and washed-out roads, destruction of neighborhoods, no power, and no potable water. Many of our food retail and product supplier members are trying desperately to ensure their associates’ safety and get their businesses back online to serve these devastated communities and support their own employees who have been displaced. We urge the negotiating parties to come to a swift resolution as we all focus on assisting these devastated communities.”