US companies pledge to operate extended hours to reduce supply chain bottlenecks

Major US companies such as Walmart, UPS and FedEx have pledged to the US government that they will extend employee work hours in an attempt to alleviate supply chain bottlenecks that are hampering the recovery of the US and global economy.

The information was revealed by a White House official to the Financial Times newspaper. According to the source, the three companies plan to announce that they will work 24 hours a day to reduce the imbalance between growing demand and insufficient supply of some products.

President Joe Biden called together leaders of large companies, port terminal executives and union representatives to discuss the matter on October 13 at the White House. .

“The supply chain is essentially in the hands of the private sector. Therefore, we need the private sector to come forward to help solve these problems”, the government official told the ‘FT’.

Tens of thousands of containers are parked at the ports of Los Angeles and Long Beach, which are already open 24 hours a day. Both handle more than 25% of all US imports. Some ships face a wait of up to three weeks to unload their cargo at both locations.

Source: Valor Econômico

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https://valor.globo.com/mundo/noticia/2021/10/13/empresas-dos-eua-planejam-ampliar-operaes-para-redutor-gargalos-na-cadeia-de-abastecimento.ghtml

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