MSN - AP World http://syn2.thecanadianpress.com:8080/mrss/feed/fcf7391a2f354311807f0501c16bde6a MSN - AP World Copyright © 2010-2018 The Canadian Press. All rights reserved. http://www.rssboard.org/rss-specification Mon, 24 Jan 2022 23:51:22 +0000 Cargo activity surging at Los Angeles port http://syn2.thecanadianpress.com:8080/mrss/feed/fcf7391a2f354311807f0501c16bde6a/c48cf38d4b054388aa0db6bb58663891 A senior official with the Los Angeles port says they're working to ramp up operations, as the facility sees high levels of cargo container activity amid plans for around-the-clock operations in the U.S. supply chain. (Oct. 14) c48cf38d4b054388aa0db6bb58663891 Thu, 14 Oct 2021 20:41:57 +0000 SHOTLIST:RESTRICTION SUMMARY: NO RE-SALE, RE-USE OR ARCHIVE; MUST CREDIT ABC7 LOS ANGELES; NO ACCESS LOS ANGELES; NO USE BY US BROADCAST NETWORKS; PART MUST CREDIT THE PORT OF LOS ANGELESKABC - NO RE-SALE, RE-USE OR ARCHIVE; MUST CREDIT ABC7 LOS ANGELES; NO ACCESS LOS ANGELES; NO USE BY US BROADCAST NETWORKSLong Beach, California - 14 October 20211. Wide aerial view of ships offshore near port area THE PORT OF LOS ANGELES - MUST CREDIT THE PORT OF LOS ANGELESLos Angeles - 14 October 20212. SOUNDBITE (English) Gene Seroka, Executive Director, the Port of Los Angeles:++COVERED++ "The surge continues to be driven by the American consumer. We've been averaging more than 900,000 container units for the past 14 consecutive months. The duration of this cargo run is quite remarkable."STRINGR Los Angeles - 22 September 20213. Wide view of cargo ships docked in port 4. Various of cargo containers on trucks and railway cars near port areaTHE PORT OF LOS ANGELES - MUST CREDIT THE PORT OF LOS ANGELESLos Angeles - 14 October 20215. SOUNDBITE (English) Gene Seroka, Executive Director, the Port of Los Angeles:++PARTIALLY COVERED++  "The more cargo we can get out the gates via truck and rail leaves more room to get that next ship in. And our goal continues to be every day chip down at that number of container ships at anchor. Again, as I said though, this season that we're in, this all important holiday season, has 25 ships coming across the Pacific that are due to land at anchor in the next three days. So we've got to keep working as hard as we can to get these goods through the American supply chain."++SOUNDBITES SEPARATED BY WHITE FLASH++ THE PORT OF LOS ANGELES - MUST CREDIT THE PORT OF LOS ANGELESWashington - 14 October 20216. SOUNDBITE (English) John Porcari, U.S. Port Envoy: "I think we all understand that the whole supply chain in the United States, and in fact globally, was creaking along before the pandemic. The pandemic laid bare with its, its increased volumes and, with its different buying patterns, it laid bare a system that really needs to be modified. And the way we can do that in the short term together is to move toward more 24-7 operations."++ENDS ON SOUNDBITE++STORYLINE:A senior official with the Los Angeles port says they're working to ramp up operations, as the facility sees high levels of cargo container activity amid plans for around-the-clock operations in the U.S. supply chain. "We've been averaging more than 900,000 container units for the past 14 consecutive months. The duration of this cargo run is quite remarkable," said Gene Seroka, Executive Director at the Port of Los Angeles, during a briefing Thursday. President Joe Biden tried to reassure Americans on Wednesday that he can tame high inflation, announcing a deal to expand operations at the Port of Los Angeles as prices keep climbing and container ships wait to dock in a traffic jam threatening the U.S. economy and holiday shopping.Prices are jumping in large part because container ships are stranded at ports and because unloaded goods are waiting for trucks, leading to mass shortages and delays that have caused a longer than expected bout of inflation. The rising costs are eating into worker pay, creating a drag on growth and driving Republican criticism of Biden just as his multitrillion-dollar tax, economic, climate and infrastructure agenda is going through the crucible of congressional negotiations.The White House responded to the backlog by finalizing an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation. The hope is that nighttime operations will help to break the logjam and reduce shipping delays for toasters, sneakers, bicycles, cars and more.But the expansion of port operations was also an unspoken recognition that inflation is lingering at higher levels long after the economy began to reopen from the coronavirus pandemic. Businesses were worrying about  monthslong delays for shipping containers in June, yet the administration only formed its supply chain task force that month and named a port envoy on Aug. 27 to address the challenge.Ports are also just one piece of the puzzle, Biden said. The country needs more truck drivers, private retailers to step up and better infrastructure, as well as a supply chain that can less easily be disrupted by pandemics and extreme weather. The president is trying to use the predicament as a selling point for his policy plans that undergoing congressional scrutiny. The sense of uncertainty is beginning to consume the attention of many Americans. Ports in Los Angeles and Long Beach, California, account for 40% of all shipping containers entering the United States. As of Tuesday, there were 64 ships berthed at the two ports and 80 waiting to dock and unload, according to the Marine Exchange of Southern California.Commitments by the Los Angeles port’s operator, longshoremen and several of the country’s largest retail and shipping companies are expected to help relieve the backlog. Walmart, FedEx, UPS, Target, Samsung and The Home Depot committed to unloading during off-peak hours, making it easier for the Los Angeles port to operate nonstop. The Long Beach port has been operating 24 hours daily for seven days for roughly the past three weeks.Biden also held a virtual roundtable with the heads of Walmart, FedEx Logistics, UPS, Target, Samsung Electronics North America, the Teamsters Union and the U.S. Chamber of Commerce, among other groups, before his speech.Republican lawmakers say Biden's $1.9 trillion coronavirus relief package has fueled higher prices. A recent analysis issued by the investment bank Goldman Sachs estimates that “supply-constrained goods” account for 80% of this year’s inflation overshoot, yet the political criticism continues to sting as housing and oil prices add to inflationary pressures.The Biden administration has argued that higher inflation is temporary. Yet the supply chain issues have persisted months after the economy began to reopen and recover as vaccines lessened many of the risks from the pandemic.Consumer prices climbed 5.4% from a year ago, the Bureau of Labor Statistics reported Wednesday. That is significantly above the Federal Reserve's 2% target. Higher energy, food and shelter costs were prime drivers of price increases in September. ===========================================================Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: info@aparchive.com(ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. A senior official with the Los Angeles port says they're working to ramp up operations, as the facility sees high levels of cargo container activity amid plans for around-the-clock operations in the U.S. supply chain. (Oct. 14) Cargo activity surging at Los Angeles port