The United States launches a plan to face shortages
President Joe Biden reached an agreement with the private sector to address the crisis in the supply chain, which includes an extension in the working hours of the port sector to 24x7. He got the support of unions and big chains like Walmart, UPS and FedEx
The president of the United States announced This Wednesday a plan to attack the crisis that the Covid-19 pandemic has generated in the distribution and supply chains in the country, in addition to reassuring the population in the face of the statements of a possible shortage that recently hinted, Janet Yellen, secretary of the Treasure.
Biden announced an agreement with the syndicates of the country’s main ports, such as Los Angeles, California, and Long Beach, as well as private sector companies to extend work hours 24 hours a day, seven days a week, without a break.
The president said that they seek to tackle a potential shortage at Christmas, when the population’s consumption increases. For three weeks, the extension of working hours has been applied in the sectors involved, not only in the distribution of food, but also in the importation of parts and pieces, transportation, among others. The measure will also help prevent delivery and distribution problems during the well-known Black Friday.
Given the increase in electronic commerce due to the pandemic, which currently exceeds 40% in the country, failures have emerged in the supply chains to meet consumer demand.
Biden has highlighted the weaknesses of the supply system, which have been aggravated due to the consequences of the health crisis, and which have had an impact on the increase in the prices of goods and services, in addition to having changed consumption patterns worldwide.
Regarding the plan announced by the president of the United States, it was learned that it has the support of chains such as Walmart, as well as courier companies such as UPS and FedEx. It has also received the approval from the Treasury department, the Transportation department and the port authorities.
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