Subscribe to our free, weekly email newsletter!



A Nation at Risk?

By Patrick Burnson, Executive Editor
November 17, 2010

Delivering a post-election address to the U.S. Chamber of Commerce’s Board of Directors today, Thomas J. Donohue, president and CEO of the Chamber, vowed to lead the business community in working with the administration and Congress toward advancing a specific set of recommendations that are essential to expand the U.S. economy, compete in the world, and create American jobs.

Calling America a “nation at risk,” Donohue said the Chamber will expand on its agenda to lead efforts to advance sound trade and energy policies, stem the rising tide of regulations, address our faltering schools, modernize our crumbling infrastructure, and reign in skyrocketing deficits.

“We’re prepared to join with President Obama, his administration, and both parties in Congress to achieve these goals,” Donohue said in an open press speech at the Chamber’s bi-annual board meeting. “Our economy is simply not expanding fast enough to reduce unemployment and create 20 million jobs. It’s time to get serious. It’s time to act. We’ve been diagnosing our problems for years. How about some treatment?”
Donohue proceeded to outline eight key areas of focus for the Chamber going forward:

• Supporting sensible regulations?The Chamber is adding resources, including a regulatory economist and greater activism in our two legal organizations, to support sensible regulations and oppose regulations that unnecessarily stifle job creation
• Doubling exports?Launching a major education and advocacy initiative to change the debate on trade, highlighting the benefits, opportunities, and competitive realities to expanding trade.
• Addressing the debt crisis?Undertaking an “economic risk assessment” to identify threats and vulnerabilities to the explosion of government debt, and act on these risks through tax and entitlement reform and deficit reduction measures.
• Rebuilding our crumbling infrastructure?The Chamber is releasing a series of annual performance indexes covering the major components of our nation’s infrastructure – transportation, energy, water, and broadband – to document our needs and build the case for investments.
• Creating an innovation society?By launching the U.S. Forum for Policy Innovation, the Chamber will drive serious education and worker training reform, expand corporate social responsibility across the globe, and preserve, protect, and advance the free enterprise system.
• Empowering small businesses?For small business leaders’ voices to be heard, the Chamber will leverage its federation to establish a team of small business advocates who will travel the country and speak to organizations and the media on the challenges facing entrepreneurs.
“We can help our nation solve its problems—beginning with the overriding challenge of putting America back to work,” Donohue said.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Department of Commerce reported that January retail sales were up 0.2 percent compared to December and up 3.7 percent annually at $449.9 billion, and the NRF reported that January retail sales, which exclude automobiles, gas stations, and restaurants, rose 0.6 percent over December and 1.4 percent compared to January 2015.

On the freight shipments side, Cass reported that January shipments––at 1.025––trailed December by 1.3 percent and January 2016 by 0.2 percent. These declines were less than the 4.9 percent drop from November to December, though, and January shipments still topped the 1.0 mark for the 65th straight month in December.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) saw a 0.4 percent decline from November to December, its second straight decline on the heels of a 1.0 percent decrease from October to November.

Carloads saw a 11.7 percent annual decline at 241,680, and intermodal containers and trailers rose 10.5 percent to 262,830

An amendment to the International Maritime Organization’s Safety of Life at Sea convention will go into effect requiring all shippers (importers and exporters) to certify and submit the Verified Gross Mass – the combined weight of the cargo and the container – to the steamship line and terminal operator in advance of loading the container aboard a vessel.

Article Topics

Blogs · Transportation · Trade · Exports · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA