|[February 21, 2013]
Los Angeles Port Contract Brings Much-Needed Stability Back to the Supply Chain, NRF Says
WASHINGTON --(Business Wire)--
The National Retail Federation today issued the following statement from
Vice President for Supply Chain and Customs Policy Jonathan
Gold on the ratification
of a contract between the International Longshore and Warehouse Union
Local 63 Office Clerical Unit and the Los Angeles / Long Beach Harbor
"The National Retail Federation and our members congratulate the CU and
HEA for ratifying the new deal. This contract will bring much-needed
stability to the supply chain, better position the ports for future
growth and provide retailers the certainty they need to prepare for the
upcoming summer shopping season.
"Now that the labor situation has been settled on the West Coast, it is
time to turn our attention to the East and Gulf Coast ports.
"NRF reiterates our call on the International Longshoremen's Association
and the U.S. Maritime Alliance to quickly conclude ongoing local
contract negotiations and urge them to ratify a new master contract.
"From the eight-day strike at the Ports of Los Angeles and Long Beach to
the ongoing tensions and extensions on the East and Gulf Coasts, the
supply chain has been through enough turmoil the past year. Everyone who
utilizes the ports, from retailers and manufacturers to farmers and
truckers, needs to get back to focusing on what they do best, powering
our global economy."
As the world's largest retail trade association and the voice of retail
worldwide, NRF represents retailers of all types and sizes, including
chain restaurants and industry partners, from the United States and more
than 45 countries abroad. Retailers operate more than 3.6 million U.S.
establishments that support one in four U.S. jobs - 42 million working
Americans. Contributing $2.5 trillion to annual GDP, retail is a daily
barometer for the nation's economy. NRF's Retail Means Jobs campaign
emphasizes the economic importance of retail and encourages policymakers
to support a Jobs, Innovation and Consumer Value Agenda aimed at
boosting economic growth and job creation. www.nrf.com
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