Supply Chain Live Updates: Biden Says Expansion Is Biggest Investment In History For Our Ports

President Joe Biden announced a new plan to begin 24-hour operations at the Port of Los Angeles to ease the bottleneck of cargo ships amid the growing supply chain crisis.

"Today we have some good news. We're going to help speed up the delivery of goods, all across America," Biden said.

The Port of L.A. will increase its operation hours by 60 hours a week by staying open at night and over the weekend.

Ports in Los Angeles and Long Beach, California account for 40 percent of all shipping containers entering the United States.

Today I’m announcing that the Port of LA will begin operating around the clock 24/7 to make sure Americans can get the goods they need.

My Administration is working around the clock to move more goods faster and strengthen the resiliency of our supply chains.

— President Biden (@POTUS) October 13, 2021

Companies like Walmart, Target, Home Depot, FedEx and UPS have committed to expanding their night hours to increase operations.

"Because all of these goods won't move by themselves. For the positive impact to be felt all across the country and by all of you at home, we need major retailers who ordered the goods and the freight movers who take the goods from the ships to factories and stores to step up as well," Biden said.

American consumers have faced an increase in product shortages, particularly for items ordered online, and rapidly escalating prices. The supply chain disruptions, which the administration has attributed largely to the effects of the coronavirus pandemic, have also hit the ground freight industry.

The live updates for this blog have ended.

Source : https://www.newsweek.com/live-updates-president-biden-shipping-port-la-1638630

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