Biden hopes fines on lingering cargo containers ea
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Posted On: 10/27/2021 2:50:58 PM
Re: energy_wave #71619
Biden hopes fines on lingering cargo containers ease congestion at major U.S. ports
https://www.cnbc.com/2021/10/26/biden-hopes-f...ports.html
Quote:
The Biden administration is hopeful new fines imposed on carriers at the nation’s busiest port complex will ease the intensifying logjam of cargo ships.
The twin ports of Los Angeles and Long Beach will charge carriers $100 per day for each container lingering past a given timeline starting Nov. 1.
The nation’s knotted supply chain is bearing the brunt of surging consumer demand, high transportation expenses, crippling labor shortages, overseas manufacturing delays, trade policies and inflation.
https://www.cnbc.com/2021/10/26/biden-hopes-f...ports.html
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