Ahead of President Joe Biden’s planned speech at the Port of Los Angeles on Friday, the White House released a video of the president on a phone call with retailers who were complaining about the high cost of ocean shipping.
“One of the big reasons why prices are going up is the cost of shipping things across the Pacific, in particular,” Biden says during the call. “There’s only nine major ocean line shipping companies who ship from Asia to the United States. These companies have raised their...
https://www.freightwaves.com/news/biden-slams-ocean-carriers-ahead-of-port-of-la-speech