The White House announced it has convened meetings with leaders of business, unions, and the major ports to address challenges at ports and other delays across the transportation supply chain. President Biden will make remarks after this afternoon's meetings, set for 2:20 PM Thursday, according to Reuters. "These leaders are announcing a series of public and private commitments to move more goods faster, and strengthen the resiliency of our supply chains, by moving towards 24
Shippers face an unusually challenging peak season this year due to the pandemic's impact on supply chains and an ongoing labor shortage. Consumers will feel the pain in both their pocketbooks -- higher prices on both goods and shipping costs - and in their patience as delivery delays are likely. The latest infographic from IMAG summarizes peaks' perfect storm and the expected threat to the customer experience. See a higher-resolution here.