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Supply Crisis Worsening: 170 Cargo Ships Stranded Off The Coast

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Supply Crisis Worsening: 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)
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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.

Read more at oann.com

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