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Insanity: Biden hopes fines on lingering cargo containers ease congestion at major U.S. ports

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This is so insane I thought it had to be parody.

How do you take an impending supply chain disaster of food and material shortages caused by Government COVID policies such as shutting down “nonessential” components, paying people not to work, imposing taxes and nonsensical regulations – and then make it even worse? THIS is how you do it.

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UNREAL:

KEY POINTS

  • The Biden administration is hopeful new fines imposed on carriers at the nation’s busiest port complex will ease the intensifying logjam of cargo ships.
  • The twin ports of Los Angeles and Long Beach will charge carriers $100 per day for each container lingering past a given timeline starting Nov. 1.
  • The nation’s knotted supply chain is bearing the brunt of surging consumer demand, high transportation expenses, crippling labor shortages, overseas manufacturing delays, trade policies and inflation.

WASHINGTON – The Biden administration is hopeful new fines imposed on carriers at the nation’s busiest port complex will abate the intensifying logjam of cargo ships.

“Both ports are moving 19% more containers than at the same point in 2018, which was the previous record and the ports remain on target to outpace the previous record of 17.5 million containers processed in 2018,” explained Psaki.

In accordance with these deadlines, carriers will be charged $100 for each lingering container per day starting Nov. 1.

“The terminals are running out of space, and this will make room for the containers sitting on those ships at anchor,” explained Port of Long Beach Executive Director Mario Cordero in a statement announcing the measure.

Read the Whole Article Here…


Source: https://ncrenegade.com/insanity-biden-hopes-fines-on-lingering-cargo-containers-ease-congestion-at-major-u-s-ports/


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