LONDON — The British economy slowed down during the third quarter of the year as widespread supply chain problems hobbled the recovery from the coronavirus pandemic, official figures showed Thursday. Last week, the Bank of England said the economy would not gain back the output lost during the pandemic until the first part of next year after previously predicting a …
The Port of Los Angeles will begin operating around the clock as the White House pushes to clear supply chain bottlenecks threatening the holiday shopping season and slowing the country’s economic recovery from the global pandemic, senior Biden administration officials said. The administration officials said the plan, which is scheduled to be announced Wednesday by President Biden, was brokered by …
President Biden could face political blowback from unhappy shoppers as he struggles to fix supply chain problems. However, the plan addresses only one link in a global supply chain largely outside of Biden’s control, meaning he faces potential blame from unhappy shoppers while also lacking the power to fix the mess. Nick Vyas, executive director of the Randall R. Kendrick …
More than two dozen container ships appear to be stuck at sea miles off the south shore of Long Island, according to a maritime traffic monitoring website as more than 60 vessels wait to dock at two of the country’s largest ports on the West Coast. The Port of Los Angeles and Long Beach currently has 62 cargo ships waiting …
Gadget lovers may not get their Christmas presents until Easter as Dover is choked with 24-hour queues today with 2,000 more lorries than usual crossing between Britain and Europe every day. With Britain's ports choked with traffic, it also emerged: Ursula von der Leyen has told European leaders a No Deal Brexit is now more likely than the EU and …