Since the start of the pandemic, supply chains have been stressed. There is, however, signs of progress.
According to the Department of Transportation, America’s ports—including the Ports of Los Angeles and Long Beach collectively—imported more containers than any previous January. The total number of container ships waiting for berths at U.S. ports has dropped by 35% since peaking in early February and freight railroads’ weekly intermodal movements in March approached their highest levels of 2022. Goods are successfully being delivered to shelves and real retail inventories excluding autos are at their highest levels in history and 6 percent above pre-pandemic levels.
The only issue is transportation, and more specifically trucking capacity. The Biden-Harris Trucking Action Plan will focus on driver retention by making trucking positions a better job in order to spike recruitment.