White House Stepping in to Battle Supply Chain Problems

White House Stepping in to Battle Supply Chain Problems

(NewsReady.com) – The COVID-19 pandemic has caused significant supply chain issues around the world. Recently, a number of transportation groups asked world leaders to lift burdensome restrictions or face a collapse of the supply chain. President Joe Biden is battling some of the issues in the issues in the US.

On Wednesday, October 13, Biden unveiled a plan to allow the Port of Los Angeles to operate 24/7. Some major companies, including UPS and FedEx, are going to expand their working hours. The president praised the International Longshore and Warehouse Union for their dedication to relieving the backlog on goods from Asia by working more hours and supporting his infrastructure plan.

The Port of Long Beach is also going to operate 24 hours a day, 7 days a week. Together, the ports handle 40% of the goods coming into the US.

According to reports, the shortage of goods is angering Americans and causing a rise in inflation. That, in turn, is causing people to pay more money for goods while their paychecks remain the same. Retailers are hoping the new rules will allow them to prepare for Christmas and recoup the money lost throughout the year.

It’s unclear whether Biden’s plan is going to work.

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