WASHINGTON, Oct 13 — President Joe Biden will host a meeting today to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he challenges business and union leaders to do more to ease shipping backlogs.
In addition, the three largest carriers of goods — Wal-Mart, FedEx and UPS — plan to move toward round-the-clock operations to help speed the shipment of goods across the country, the official said. “By taking these steps, they’re saying to the rest of the supply chain, you need to move too,” the official said. “Let’s step it up.”
The supply crisis is driven in part by the global Covid-19 pandemic. It not only threatens to dampen US spending at a critical time, it also poses a political risk for Biden.