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Biden, top CEOs talk efforts to address supply chain crunch
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President Biden spoke with the CEOs of major U.S. retailers and logistics companies regarding ongoing efforts to address a supply chain crunch that has resulted in shipping delays and higher prices for consumers, a White House official said Tuesday.
Biden met with Walmart CEO Doug McMillion, Target CEO Brian Cornell, UPS CEO Carol Tome and FedEx CEO Fred Smith. The discussion focused on "steps that the Administration and private sector can take to further strengthen our supply chains and build on steps we’ve already taken to speed up deliveries and lower prices," according to the official.
"During the conversations, President Biden received updates from these private sector leaders on the efforts they’re taking to speed up throughput in our entire goods movement supply chain and discussed how shelves will be well-stocked this holiday season thanks to the tireless efforts of their companies, as well as the ports and workers stretching from longshoremen, to truck drivers, rail and warehouse workers, store clerks, and everyone in between," the official added.
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