Biden administration struggles to fix ailing suppl
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Posted On: 01/02/2023 6:14:03 PM
Re: energy_wave #98023
Biden administration struggles to fix ailing supply chain as holiday season looms
Recovery buffeted by problems moving goods from Asian factories to American front doors
Recovery buffeted by problems moving goods from Asian factories to American front doors
Quote:
The Biden administration is struggling to ease congestion in the nation’s freight system, as mounting backlogs threaten to dash the president’s hopes for a smooth economic recovery with higher prices and spot product shortages.
The worst choke point is in Southern California at the ports of Los Angeles and Long Beach, where 62 container ships carrying toys, electronics, furniture and other goods lie at anchor waiting for an unloading berth. The floating queue, virtually unknown before the coronavirus pandemic upended global supply chains, has doubled since mid-August.
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