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The flaws behind Biden’s open-all-hours ports strategy

Summary:
Big supply chain news from the US overnight, with Joe Biden saying the Port of Los Angeles will run 24/7 in the run-up to the festive period. The port complex of Los Angeles and Long Beach (which announced a few weeks ago it would operate round the clock) is the US’s busiest, but we doubt opening it up all day and all night will help much with Biden’s aim of speeding up delivery times. Let us tell you why. For starters, the port has been operating above full capacity for months, with staff working far more hours than they usually would. In theory, staying open at night and over the weekend could add more capacity and be the “game changer” that Biden believes it can be. But that’s only the case if the rest of the supply chain is purring. Which it isn’t. There are snafus all over the

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Big supply chain news from the US overnight, with Joe Biden

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FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

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