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US - White House meets with executives of Long Beach and Los Angeles ports, Walmart, FedEx, UPS, Target, plus more...to move supplies - October 14, 20

sharon sanders

sharon sanders

Editor-in-Chief & President
snip

Biden met Wednesday afternoon with executives from the ports of Long Beach and Los Angeles as well as Walmart (ticker: WMT), FedEx (FDX), UPS (UPS), Target (TGT), and union representatives and industry lobbies.

The backlogged ports will now run round-the-clock operations, and the International Longshore and Warehouse Union has indicated that its members accept working extra shifts. The president said key delivery companies and retailers will adjust operations to make use of the ports’ new hours.

Some 40% of the shipping containers entering the U.S. go through Long Beach and Los Angeles.

more...

https://www.marketwatch.com/articles/biden-port-plan-51634122811?mod=home-page
 
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