White House says Walmart, FedEx, UPS to work 24/7 to ease supply bottlenecks for holiday season - Nasdaq
President Joe Biden will host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he challenges business and union leaders to do more to ease shipping backlogs.
The Port of Los Angeles is going to 24/7 operations as a step toward helping ease the shipping snarl there and at the Port of Long Beach, a senior administration official told reporters ahead of the meeting.
In addition, the three largest carriers of goods - Wal-Mart WMT.N, FedEx FDX.N and UPS UPS.N - plan to move toward round-the-clock operations to help speed the shipment of goods across the country, the official said.
President Joe Biden will host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he challenges business and union leaders to do more to ease shipping backlogs.
The Port of Los Angeles is going to 24/7 operations as a step toward helping ease the shipping snarl there and at the Port of Long Beach, a senior administration official told reporters ahead of the meeting.
In addition, the three largest carriers of goods - Wal-Mart WMT.N, FedEx FDX.N and UPS UPS.N - plan to move toward round-the-clock operations to help speed the shipment of goods across the country, the official said.
