National Association of Chemical Distributors (NACD) president and CEO Eric R. Byer issued a statement thanking officials for averting the potential U.S. rail strike. In the statement, Byer explained the impact a strike would have had on chemical distributors during an already challenging time for industry.
“The disruption caused by the looming rail strike would have been catastrophic to businesses still recovering from the impacts of the supply chain crisis and navigating inflation, rising interest rates, labor challenges, and more. Chemical distributors, many of which are small businesses, rely heavily on railways as they process and deliver critical products used in goods that support Americans’ everyday lives.