"We are grateful for the swift action in Congress this week to implement the Tentative Agreement, and we look forward to President Biden’s immediate signature to safeguard smooth and stable rail operations."NRF President and CEO Matthew Shay
WASHINGTON – The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the U.S. Senate’s passage of H.J. Res. 100, sending the Tentative Agreement to President Biden’s desk for final signature. The resolution was approved yesterday in the House.
“The freight and commuter rail systems are essential partners to America’s retailers, moving goods throughout the country every day. A nationwide rail strike at this juncture would have had devastating consequences for our economy, and exacerbated inflation for American families.
“We are grateful for the swift action in Congress this week to implement the Tentative Agreement, and we look forward to President Biden’s immediate signature to safeguard smooth and stable rail operations.”
Yesterday, NRF commended the House for its approval of the resolution.
The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs — 52 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. nrf.com