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Wednesday, October 13, 2021

White House takes aim at supply chain disruptions; California ports to operate 24/7


White House takes aim at supply chain disruptions; California ports to operate 24/7



The White House announced Wednesday that the Ports of Los Angeles and Long Beach will become 24/7 operations, along with commitments from the largest carriers of goods — Walmart, FedEx and UPS — as part of the Biden administration’s efforts to relieve supply chain bottlenecks, strengthen supply chain resiliency and ease shipping backlogs.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf