President Biden Tries To Tame Inflation By Having L.A. Port Open 24/7

The video discusses the decision to operate the Port of Los Angeles 24/7 to alleviate supply chain issues caused by stranded container ships, which are increasing goods prices. It highlights the impact of pandemic-related delays on Americans and emphasizes the capacity to prevent future issues. The ports of LA and Long Beach handle 40% of US shipping containers. Companies like Walmart and UPS are pledging support to resolve these issues.

What is the main reason for the Port of Los Angeles operating 24/7?

• To address supply chain issues

• To reduce pollution

• To improve tourism

• To increase employment opportunities

What has the pandemic highlighted regarding supply chain management?

• The cost of inaction

• The benefits of local production

• The need for more technology

• The importance of international trade

What is the expected outcome of the actions taken to address supply chain issues?

• Higher costs

• Increased congestion

• Gradual improvement

• Immediate resolution

What percentage of shipping containers entering the U.S. are handled by the ports in Los Angeles and Long Beach?

• 60%

• 50%

• 40%

• 30%

Which companies have pledged to help with the supply chain issues?

• Costco and USPS

• Target and DHL

• Walmart and UPS

• Amazon and FedEx