For many chemical distributors, freight rail provides an essential avenue to deliver the products Americans rely on every day. This National Transportation Week, as our supply chains adjust to accommodate new demand amid the coronavirus pandemic, it has never been so important for rail customers — many of which are NACD members — to be able to rely on efficient and affordable rail services in order to run their businesses successfully and serve their customers.
Until recently, chemical producers and distributors have been fairly slow to react to the new opportunities posed by digital tools and technologies. Other industries such as banking and manufacturing have already embraced the advent of digitalization and have been able to both streamline operations and improve productivity as a result. However, opinions are changing and chemical distributors are becoming far more aware of the benefits and a little less reluctant to invest and innovate, especially in light of the COVID-19 pandemic.
The United States is facing one of the worst threats to our public health and economic growth in our nation’s history due to the rapidly increasing spread of COVID-19. The response from our government to ensure Americans are undertaking social distancing measures – while the right decision to control the spread of the coronavirus – will no doubt have a significant impact on the economy and the bottom lines of chemical distribution companies for weeks and months to come. Yet, in the face of those our challenges, I'm proud to say our members are doing everything they can to support the response efforts in their communities.
The title almost goes without saying. My four kids, ranging in ages from six to 16, certainly have not before lived through a trying time like we are today. The uncertainty that exists with the continuing spread of the coronavirus and the real possibility of us entering an economic recession, or worse, make these unsettling times to say the very least. We at NACD are doing our best to ensure there is at least a little stability during these troubling times by providing you with the latest developments.
As chemical distributors, we operate in a constantly changing legislative and regulatory environment. The beginning of a new year is a great opportunity to reflect on our top priorities and what we need to achieve our goals in the coming year.
Distributors are facing more rules, regulations, and pressures from the railroads than ever before. With the burden on small business growing significantly, now is the perfect time to share your concerns, get your voice heard, and help implement change.
What do the smartphone in your pocket, the computer on your desk, and the electric vehicle in your driveway have in common? They are all possible thanks to a technological advancement decades in the making that couldn’t have happened without chemistry: rechargeable lithium-ion batteries.
We all know that the impact Congress has on the chemical distribution industry can be far reaching. Whether they’re writing new laws, reauthorizing existing laws, or failing to act on issues important to our industry, Congress has the ability to both positively and negatively affect our industry and the choices individual companies make to remain successful. Luckily, we each have the opportunity to engage with Congress to make sure our voice is heard. There is nothing more influential that your business could do than to invite your Member of Congress to tour your facility and engage with them to discuss issues critical to your business and the chemical distribution industry.
As the school year wraps up for many across the country and we commence our summer activities, we begin the season with a somber day set aside to remember soldiers fallen in combat in America’s wars and to honor veterans who have lost comrades in America’s struggle to protect life and liberty.
Our transportation systems and infrastructure go hand-in-hand. That’s no secret. One can’t happen without the other. Unless we start to seriously prioritize both, American businesses and taxpayers will end up fronting the cost.