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Tuesday, April 24, 2018

National Retail Federation News

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Rising Imports Threatened by Growing Trade War

Imports at the nation’s major retail container ports are expected to grow a healthy 5.8 percent year-over-year this month but could be threatened in the future if the developing trade war between the United States and China continues to escalate, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Tariffs are a tax on American consumers in the form of higher prices but they are also a tax on American jobs,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

L.A. Port Contract Restores Stability to Supply Chain

“The National Retail Federation and our members congratulate the OCU 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.

Matthew Shay

Retailers Call on ILWU and PMA to Remain at Negotiating Table

“We are greatly disappointed that the parties have decided to take an extended break from the ongoing contract negotiations. After six months of negotiations we have seen very little progress. “We reiterate our call on President Obama to immediately engage the parties to get them back to the negotiating table. It’s time the parties accept a federal mediator to help them bridge the gaps and arrive at a new contract. Without a contract, stakeholders cannot work on addressing the ongoing congestion issues at the ports.

Jonathon Gold

White House Intervention Sought in West Coast Port Dispute

“The continued intransigence by labor and management to reach a new contract is unacceptable. Retailers and the rest of the supply chain are frustrated beyond belief. “The slowdowns need to end. The brinkmanship needs to stop. The ILWU and PMA are delaying cargo and merchandise in the short-term while harming the competitiveness of the West Coast ports in the long-term. This stalemate is hurting American businesses, their employees and consumers. “If the ILWU and PMA are serious about reaching a new labor contract, they need to remain at the table.

Photo: Hanjin Shipping

Retailers Working to Minimize Disruption from Hanjin Bankruptcy

The National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold weighs in on this week’s bankruptcy filing by Hanjin Shipping. “Retailers’ main concern is that there is millions of dollars worth of merchandise that needs to be on store shelves that could be impacted by this. Some of it is sitting in Asia waiting to be loaded on ships, some is already aboard ships out on the ocean and some is sitting on U.S. “It is understandable that port terminal operators…

NRF Renews Call for Obama to Intervene in Port Strike

The National Retail Federation today issued the following statement from President and CEO Matthew Shay regarding the strike that has shut down most terminals at the Ports of Los Angeles and Long Beach. NRF last week sent President Obama a letter asking that he intervene in the strike. “As we enter Day 6 of the strike, NRF is renewing its call for President Obama to intervene and end this work stoppage. The shutdown is already having a significant negative economic impact on retailers…

NRF: Keep Ports Open

NRF Urges Labor and Management to Keep Ports Open Despite Rejection of LA/Long Beach Port Contract. The National Retail Federation today issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold in response to this week’s rejection of a labor contract between the International Longshore and Warehouse Union’s Local 63 Office Clerical Unit and the Harbor Employers Association. An eight-day strike in November and December 2012 shut down…

Photo: Hanjin Shipping

NRF Pushes Hanjin Concerns with Commerce Department

The National Retail Federation and the Hardwood Federation has led a coalition of 120 organizations representing retailers, manufacturers, agribusinesses and other sectors affected by the Hanjin Shipping bankruptcy in sending a letter to Commerce Secretary Penny Pritzker outlining specific concerns and urging her continued leadership in bringing about a resolution. “U.S. businesses rely on predictability in their supply chains, particularly during the busiest shipping season of the year,” wrote NRF and the other coalition members.

Retail Industry Applauds ILA Labor Agreements

“Today’s vote ratifying a new, long-term master labor contract is welcomed news to the nation’s retailers, who have been on pins-and-needles for the past year due to the possibility of a supply chain disruption along the 14 East and Gulf Coast container ports. “The ILA and United States Maritime Alliance should be commended for reaching today’s pinnacle vote, and doing so without engaging in any disruption, stoppage, lockout or strike. “The retail industry would also like to recognize…

US Ports' Retail Imports Predicted to Rise Despite Sequestration

The monthly Global Port Tracker report released by the National Retail Federation & Hackett Associates, predicts a 2.7% April 2013 retail import rise. With US Customs officials saying they hope to minimize the impact of federal spending cuts on cargo processing, import volume at the nation’s major retail container ports is expected to increase 2.7 percent in April over the same month last year. “The impact of sequestration isn’t yet fully known, but Customs officials are working hard to manage their resources and keep cargo moving…

Strong Growth in Merchandise Imports to Resume in Fall

Import volume at the nation’s major retail container ports is expected to increase a modest 1.1% in July over the same month last year but a slow summer should be followed by significant increases as retailers head into the holiday season this fall, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the economy recovering slowly, retailers have been cautious with imports this summer but it’s clear that they expect an upturn later in the year…

File photo: Port of Los Angeles

September US Retail Imports Strong

Import cargo volume at the US’ major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Hanjin should not significantly affect volume for the month since alternative arrangements to unload those containers or shift cargo elsewhere should be dealt with by the time the numbers are tallied,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

© Andy Dean / Adobe Stock

US Retail Imports End 2017 with 7% Growth

Imports at the United States’ major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retail had a strong year fueled by growing wages, higher employment and a boost in consumer confidence,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

File photo: Port of Los Angeles

US Imports Growing in First Half of 2017

Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “This is very much in line with what we are forecasting for retail sales and consumer spending this year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers try to balance inventories very carefully with demand.

© light_magic / Adobe Stock

US Retail Imports on the Rise

Imports at the Unites States’ major retail container ports should continue to see strong increases throughout the spring and summer as the nation’s economy improves, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “Consumers are spending more, and these import numbers show that retailers expect that to continue for a significant period,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

File photo: Port of Los Angeles

US Retail Imports to Grow through Summer

Imports at the United States’ major retail container ports are expected to see steady increases through the summer and into the fall, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “Regardless of whether the sales come in their stores or through their websites, retailers see that consumers are buying more this year and they’re importing the goods needed to meet the demand,” said Jon Gold, NRF vice president for supply chain and customs policy.

file image, container ships at port of Oakland (courtesy: Captain Katharine Sweeney)

Retail Import Growth Expected to Slow Significantly through Summer

Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The weak cargo increases expected over the next few months are consistent with other signs that the economy is slowly improving but show that retailers remain cautious…

Retail Container Traffic Shows Gains

Import cargo volume at the nation’s major retail container ports ended a nearly two-and-a-half-year streak of year-over-year declines in December and is on track to show gains through the first half of 2010, according to the monthly Global Port Tracker report released on Jan 11 by the National Retail Federation and Hackett Associates. “These numbers are a clear sign that retailers are optimistic about 2010,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

Labor & Management Urged to Negotiate US East Coast Settlement

The National Retail Federation (NRF) say they will have to divert cargo elsewhere in a matter of days unless stand-off ends. “We understand and recognize that there are tough issues that need to be resolved,” NRF President and CEO Matthew Shay said. “The issue will only be resolved, however, by agreeing to stay at the negotiating table until a final deal is reached. Failure to reach agreement will lead to supply chain disruptions which could seriously harm the U.S. “We are facing a critical time…

Potential U.S. East Coast Port Strike on Agenda

Possible ports shutdown at the end of September to be addressed at upcoming Inland Port Logistics Conference informs UBM Global Trade. Current longshore labor negotiations are a hot issue being closely followed by the shipping industry in the U.S. and globally. The Journal of Commerce announce that it will add a session to the agenda of its Inland Port Logistics Conference, Sept 5-6, in Oak Brook, IL, covering this volatile and unpredictable negotiation that impacts everyone from railroads to third-party logistics providers to beneficial cargo owners.

© Mihai Andritoiu / Adobe Stock

Retailers Urge Labor/Management to Avoid Port Shutdown

The National Retail Federation (NRF) called on the U.S. Maritime Alliance and the International Longshoremen’s Association to work together to avoid a one-day shutdown of East Coast and Gulf Coast ports proposed by the ILA. “Thousands of companies and millions of workers rely on these ports and any disruption to their activity even for a day could have a negative impact on the U.S. economy,” NRF Vice President for Supply Chain and Customs Policy Jon Gold said. “While the union might have concerns with certain local government actions, engaging in a coastwide shutdown is not the answer.

Photo: PMA

Retailers to Obama: Bring ILWU, PMA to Washington

“It has been nearly a week since President Obama dispatched Labor Secretary Perez to the West Coast to help settle the protracted contract dispute between the ILWU and PMA. While the Secretary has said the meetings have been productive, we have yet to see a final deal. “We understand the Secretary has given the parties a deadline to reach an agreement. If a deal is not reached today, we support the decision to move the negotiations to Washington and we call upon the president to personally engage in the discussions until an agreement is reached.

Photo: MARAD

Imports Rising as Threat of West Coast Ports Shutdown Looms

Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With cargo volume growing as the economy continues to recover, the last thing we need is a port shutdown that would bring billions of dollars of economic activity to a halt…

© Mihai Andritoiu / Adobe Stock

US Imports: Double-digit Growth Expected

Imports at the United States’ major retail container ports should see double-digit year-over-year increases for the next two months as a growing economy increases the demand for affordable merchandise, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Consumers are spending more freely and retailers are stocking up for the spring and summer seasons,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

© alpegor / Adobe Stock

US Retail Imports ‘Unusually High’

This summer’s imports set a second all-time monthly record high as U.S. retailers brought in merchandise for the busy holiday season, and are continuing at unusually high levels this month, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “When imports break records two months in a row, it’s hard to see that as anything other than a good sign about what retailers expect in consumer demand,” said NRF Vice President for Supply Chain and Customs Policy Jonathan Gold.

file photo taken by K. Sweeney

NRF: Imports Rising as Strike Looms

Retail Imports to Increase 2.3 Percent in January as Port Strike Threat Continues. Import cargo volume at the nation’s major retail container ports is expected to increase 2.3 percent in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The strike deadline came and went at the end of December…