President Biden announces Walmart, FedEx and UPS will be upping their efforts to address supply chain shortages resulting from the coronavirus pandemic.
after retailers have already begun warning that some products may not make it to the shelves before the holidays.
Senior administration officials said on a call Tuesday evening that the carriers"will make commitments towards moving to 24/7 working during off-peak hours" at key ports in Southern California. Logistical backups at shipping ports, driven in part by worker shortages and Covid outbreaks, have doubled the time it takes for some products to make their way from Asia to the U.S.
The officials said that UPS and FedEx combined to ship 40 percent of U.S. packages by volume last year and that by taking this step,"they're telling the rest of the supply chain you need to move it, to let's step it up."
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