Whether Congress is writing new laws, reauthorizing existing laws, or failing to act on issues important to the chemical distribution industry, policymakers in Washington have the ability to both positively and negatively affect our industry and the choices individual companies make to remain successful.
Port congestion, container shortages, and soaring costs have become part and parcel of life as a chemical distributor this past year.
Since the launch of Responsible Distribution three decades ago, NACD’s mandatory third-party verified environmental, health, safety, and security program has cemented its reputation across the chemical sector as a mark of quality and assurance. Member companies that follow these practices and bear its logo are able to demonstrate they are operating to high standards and pursuing continuous improvement.
Be sure to make a note in your calendars for Congress Connect in May, the new virtual version of our annual Washington Fly-In that puts you face to face with your local legislators.
Established in 1971, NACD has been enhancing and communicating the professionalism and stewardship of the chemical distribution industry for fifty years. 2021 has already been a whirlwind of a year, but we would be remiss not to take a moment to reflect on this huge milestone.
Reviewing the history of the United States, you will note that during times of economic strife there are usually industry segments that thrive. Some of those segments thrive for all the correct reasons. And then, there are some that do not. One segment that is thriving during this latest economic crisis is the ocean carrier community.
Would you know what to do if you were the victim of fraud? We were recently alerted to an incident involving one of our member companies that saw them lose $750,000 of product.
Safety incidents among our membership has shown a significant nearly 16% decline over the past nine years, according the recently published 2020 Membership & Safety Report – with only one incident per 8,841 shipments.
The ever-changing financial markets mean that it’s tough to plan even a few weeks ahead right now - but given this challenging environment, there’s never been a better time to consider your personal financial planning and look to the long term.
Today marks the sixth International Day of Women and Girls in Science and if the past year has shown us anything, it is that any bright future for America relies heavily on scientific and technical innovation in essential sectors like health care, energy, infrastructure development, and food production – all of which depend on chemistry. But without a robust, inclusive workforce we will not only lose our competitive edge as a global leader in innovation, our economic prosperity will also deteriorate.