EXCERPT:
WALLACE: “Let’s talk about the backups in the supply chain. Since the President announced two weeks ago that the port of Los Angeles was going to 24/7 operations, the number of container ships waiting offshore has not gone down, it’s gone up from 56 to 77. One day last week, a terminal pier in Long Beach announced 2,000 appointments for truckers went unused. Goldman Sachs says that port congestion is not going to ease until the second half of next year.”