Biden speaks to CEOs about efforts to ease supply chain problems
By Morgan Chalfant - 11/09/21 04:24 PM EST
President Biden on Tuesday spoke with the chief executives of four major retailers and shipping companies about efforts by the administration and private sector to ease supple chain disruptions.
Biden spoke with Walmart president and CEO Doug McMillon, UPS CEO Carol Tomé, FedEx chairman and CEO Frederick Smith and Target board chairman and CEO Brian Cornell, according to a White House official.
“During the conversations, President Biden received updates from these private sector leaders on the efforts they’re taking to speed up throughput in our entire goods movement supply chain and discussed how shelves will be well-stocked this holiday season thanks to the tireless efforts of their companies, as well as the ports and workers stretching from longshoremen to truck drivers, rail and warehouse workers, store clerks, and everyone in between,” the White House official said.
Biden also discussed the administration’s newly-announced “action plan” to ease bottlenecks at U.S. ports and funding included in the bipartisan infrastructure bill passed last week to improve transportation components of the domestic supply chain.
Walmart, Target, UPS and FedEx were among the companies that committed last month to expanding their operations in order to move goods faster as part of a broader effort by the White House to address global supply chain problems, which are a symptom of the coronavirus pandemic and have threatened holiday shopping season.
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https://thehill.com/homenews/administration/580799-biden-speaks-to-ceos-about-efforts-to-ease-supply-chain-problems