Port Congestion Adding ‘Days and Weeks’ to US Supply Chains: NRF
The National Retail Federation seeks a meeting with President Joe Biden to address the congestion at key U.S. maritime ports that’s “causing significant challenges for America’s retailers,” NRF CEO Matthew Shay wrote to the White House June 14. The congestion…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
has “added days and weeks to our supply chains,” leading to “inventory shortages impacting our ability to serve our customers,” Shay said. The delays “have added significant transportation and warehousing costs” that many larger retailers can absorb, but smaller retailers “may have no choice but to pass along these costs” to consumers, he said. Retailers continue to work with the ports and transportation providers to resolve the congestion, but “[w]e need strong leadership from the administration to galvanize attention to the current situation as well as work to resolve long-standing issues that limit safe and efficient port operations,” Shay said. The White House didn’t comment.