Retailers plead with Biden to fix port congestion that has upended supply chains

By artappraiser on Tue, 06/15/2021 - 2:29pm |

The National Retail Federation is calling on the White House to address the logjam at US ports that is snarling commerce as the economy swiftly recovers from the pandemic.

"The supply chain disruption issues, especially the congestion affecting our key maritime ports, are causing significant challenges for America's retailers," Matthew Shay, the NRF's president and CEO, wrote in a letter to President Joe Biden on Monday.

The retail trade group warns that these problems have added "days and weeks" to supply chains, led to inventory shortages and added significant transportation and warehousing costs, The NRF warned that these problems threaten the group's recent forecast for retail sales and the broader economy to boom this year [....]

URL:

https://www.cnn.com/2021/06/14/business/retailers-port-congestion/