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TGA Industry News Briefs
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Packed with Gratitude and Ready to Travel

TGA

This Thanksgiving feels different than in years past. The recent storms we recently weathered as an industry have passed, and together we have emerged stronger and closer than ever before. Today is about thanks, and we are grateful for YOU, our members, friends and supporters. Happy Thanksgiving from the Travel Goods Association!

Major Union Rejects Rail Labor Contract, Rail Strike Possible as Early as December 5

TGA

On November 21, one of the two biggest rail unions, the Transportation Division of the International Association of Sheet Metal, Air, Rail, and Transportation Workers (SMART-TD), rejected the tentative rail labor contract. To date, 8 of 12 rail unions have ratified the contract and four unions have rejected the contract. The cooling off period for the unions who rejected the contract ends December 8, which means a rail strike or lockout could occur as early as December 9. Meanwhile, the American Chemistry Council (ACC) found that a rail strike could devastate the U.S. economy, with 700,000 jobs lost, a 4% increase in inflation, and a possible recession. Approximately 25% of our industry’s product moves by rail. TGA continues to urge Congress to step in to prevent a strike. Please urge your friends, staff, co-workers, and family to send letters to Congress to prevent a rail strike. It only takes a minute.

Asia-Pacific Leaders Condemn War, Renew Calls for Open Trade

AP

Leaders from around the Asia-Pacific called for an end to Russia’s war on Ukraine and pledged to steer the region’s economies toward sustainable growth as they wrapped up summit meetings last week. READ MORE

No Thaw in Tariffs After U.S.-China Meetings

POLITICO

U.S. Trade Representative Katherine Tai followed Biden’s meeting with Xi with her own sit-down with Chinese Commerce Minister Wang Wengtao on the sidelines of the annual Asia-Pacific Economic Cooperation forum leaders meeting in Bangkok, Thailand. READ MORE

Thanksgiving Travel Expected to Reach Pre-Pandemic Levels in Some Areas

THE HILL

As many as 55 million Americans are expected to travel at least 50 miles from home this Thanksgiving, marking a 1.5% increase over 2021 and reaching 98% of levels recorded prior to the COVID-19 pandemic in 2019. The estimates, reported by the American Automobile Association (AAA), signal Americans’ shifting attitudes towards the pandemic, as many prepare for their first in-person family gathering in two years. READ MORE

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Traveling for the Holidays? 7 Tips to Help You Keep Your Cool

NPR

In this episode of Life Kit, Benét Wilson, an aviation journalist who has written for The Points Guy, MSN and CNN, shares tips on how to cope with the stress of holiday travel. She flies up to 50 times a year, she says — and “I have learned [that] the absolute worst time to travel is during the holidays.” READ MORE

The 42 Best Black Friday Travel Deals on Accessories, Luggage and Experiences

CNN

Black Friday is a great time to look for travel deals. Between travel operators offering can’t-miss sales on travel experiences and some of our favorite travel accessories on sale, now is the perfect time to gift the traveler in your life something they’ll love. We’re cutting through the clutter to find the best Black Friday travel deals on your next vacation or new piece of travel gear. READ MORE

How Retailers Are Reshaping the Advertising Industry

FINANCIAL TIMES

Online shoppers hunting for televisions from the British retailer Argos this week will be inundated with Black Friday offers. Yet among the hundreds of options, an ultra-high definition model from Toshiba stands out. That is because the Japanese electronics maker has paid a premium for prominent positioning. Argos will use the data it collects about purchasers to better target future adverts during shopping sessions. READ MORE

The Travel Goods HUB

Gas Prices Drop Just in Time for Thanksgiving Travel

NBC NEWS

U.S. gas prices are now at their lowest level since the February start of Russia’s war in Ukraine, which sent prices soaring. But at $3.61, it’s still the highest price ever recorded for the week of Thanksgiving by AAA. Blame inflation. READ MORE

U.S. Retailers Add Cameras, Steel Cables to Deter Holiday Crime

REUTERS

Retailers ranging from Walmart to Barnes & Noble are installing cameras or locking away items to deter shoplifters and thieves as they brace for a post-pandemic rush of holiday shoppers this year. Some, including Walmart, JC Penney, Apple Inc. and Walgreens put in place new surveillance systems or more security guards. Others, like Target and Barnes & Noble, sealed merchandise behind plexiglass or tethered it with steel cables to store shelves. READ MORE

IT Leadership: 5 Ways to Create a Culture of Gratitude

THE ENTERPRISERS PROJECT

Showing appreciation for your team falls under the category of low effort = big impact. Frequently expressing gratitude fuels a culture where people feel recognized, valued, and respected — and the best part is, anyone can do it. What matters is that recognition is personal, genuine, and specific to individuals’ contributions. Read on for ideas you can replicate — from peer recognition programs to letters to employees’ families, to fun swag, and more. READ MORE

Travel Goods Magazine

40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen

PYMNTS.COM

With 15 million consumers — close to 6% of the U.S. population — sitting out holiday gift buying this year, roughly 40% will use financing tools to put gifts under the tree. That’s according to “New Reality Check: The Paycheck-to-Paycheck Report: Holiday Shopping Edition,” a PYMNTS and LendingClub collaboration. The study found that almost four in 10 Americans said they will finance the holidays, a move that will squeeze already tight consumer credit. READ MORE

Why Bulk Content Creation for Social Media Saves You Time

SEARCH ENGINE JOURNAL

What is bulk content creation? Simply put, the process of bulk content production is when you come up with a range of ideas for your social media platforms and produce the content, captions, hashtags, and scheduling for a period of time. READ MORE


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