Subscribe to our free, weekly email newsletter!


Trade agreements play major role in industry objectives

By Patrick Burnson, Executive Editor
February 14, 2014

When Retail Industry Leader Association (RILA) President Sandy Kennedy spoke with LM recently, she emphasized that her organization will continue to urge Congress to grant Trade Promotion Authority so that we can move forward with important trade deals such as the Trans-Pacific Partnership, the Trade in Services Agreement, and the Trans-Atlantic Trade and Investment Partnership.

In addition, RILA is committed to working with Congress to renew other important trade programs, such as the General System of Preferences program that expired at the end of 2013, and the tariff preference levels for Nicaragua, which expires at the end of 2014.

Other pieces of RILA 2014 Public Policy priorities include:
• E-Fairness: Level the playing field for Main Street retailers, empower states to enforce existing tax laws through federal legislation
• Tax Reform: Pass comprehensive tax reform that lowers rates, broadens the base and treats all industries and businesses equally
• Health Care: Protect retailers ability to provide quality, affordable coverage that is customized to meet the needs of retail employees
• Privacy & Cybersecurity: Strengthen cybersecurity and consumer privacy with voluntary efforts and federal legislation that recognizes the need for flexibility and continued innovation
• Labor: Stop job-killing regulations that threaten the unique aspects of the employer-employee relationship in the retail industry
• Swipe Fee Reform: Pursue reforms to promote transparency, innovation and competition in the electronic payments market

Supply chain managers can learn more about RILA’s trade agenda by attending the group’s annual meeting in San Diego later this month. Meanwhile, stay tuned. RILA is not likely to remain silent if trade agreements hit pockets of resistance in Washington.

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

Freight forwarders were relieved to learn yesterday that U.S. Customs and Border Protection (CBP) would be delaying its Automated Commercial Environment (ACE) implementation.

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Hackett observed in the new report that China’s economy has lost steam, with actual growth falling short of targeted rates, while the United States most recent second quarter GDP reading at 3.7 percent outpaced expected targets, even though it was negatively impacted by gains in manufacturing and retail inventories.

The proposed merger of Cosco and CSCL could spark further container consolidation

The average price dropped 4.7 cents to $2.514 per gallon, which now stands at the lowest weekly average price for diesel since July 2009, when it was at $2.542 the week of July 27, 2009, according to EIA data.

Article Topics

News · Trade · All topics

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA