During a recent media call, Matthew Shay, CEO of the National Retail Federation, discussed the recent work stoppage affecting retailers and the efforts to reach a new multiyear agreement between the International Longshoremen’s Association and the U.S. Maritime Alliance. He emphasized the importance of resolving ongoing issues, particularly regarding wages and automation, to avoid further economic disruption. Shay also addressed tariffs, noting their impact on consumer costs and the necessity for a competitive tax environment, citing the benefits of the 2017 Tax Act in fostering business reinvestment and resilience during the pandemic.

Source: https://www.logisticsmgmt.com/article/nrf_president_ceo_shay_addresses_port_labor_issues_trade_and_tariffs_on_pola_hosted_call/