Port of L.A. faces worsening supply glut, up to 170 cargo ships stranded off the coast


FILE - ,Cargo containers sit stacked at the Port of Los Angeles, Wednesday Oct. 20, 2021 in San Pedro, Calif. California Gov. The Los Angeles-Long Beach port complex will begin fining shipping companies if they let cargo containers stack up as the nation's busiest twin harbors deal with an unprecedented backlog of vessels. The Los Angeles and Long Beach harbor commissions voted Friday, Oct. 29, 2021 to implement a 90-day “container excess dwell fee” that sets time limits on how long containers can stay at marine terminals. (AP Photo/Ringo H.W. Chiu)

FILE – ,Cargo containers sit stacked at the Port of Los Angeles, Wednesday Oct. 20, 2021 in San Pedro, Calif. California Gov. The Los Angeles-Long Beach port complex will begin fining shipping companies if they let cargo containers stack up as the nation’s busiest twin harbors deal with an unprecedented backlog of vessels. (AP Photo/Ringo H.W. Chiu)

OAN Newsroom
UPDATED 7:24 AM PT – Monday, November 1, 2021

Supply glut is worsening at the Port of Los Angeles despite Joe Biden’s attempts to ensure 24/7 operations at the port. According to new reports, around 169 cargo ships are anchored off the coast of Los Angeles and are trying to unload. This is up from 100 ships two weeks ago.

This comes as the Port of Los Angeles decided to impose fines on carriers who take too long to offload amid labor shortages and a lack of trucks. Business owners say large corporations are benefiting from this bottleneck while small distributors are being pushed out of business.

Meanwhile, economists are blaming labor shortages on the Biden administration and California Democrats.

“The major retailers like Amazon, Target — they’re doing their own shipping so they can get the new product in,” expalined Los Angeles business owner Lou Calderon. “And like me, I’m basically depending on my wholesaler to get it and they are smaller wholesalers so they can’t get it. So we don’t have the resources to compete with those big companies.” 

In the meantime, Florida Governor Ron DeSantis (R) invited ships to offload in his state while touting quick and smooth operations in Tampa as well as other ports.

MORE NEWS: DOJ Reaches $88M Settlement In 2015 Charleston Church Shooting





Source link

Amber Coakley
Author: Amber Coakley

Be the first to comment

Leave a Reply

Your email address will not be published.


*