Dozens of cargo ships anchored off the coasts of Los Angeles and New York face shocking wait times of up to four weeks and railyards and trucking routes are hopelessly clogged due to the lack of manpower to unload goods – with an expert warning that the government needs to intervene or face spiraling inflation and unemployment.
The backlog of billions of dollars of toys, clothing, electronics, vehicles, and furniture comes as the demand for consumer goods hit its highest point in history as consumers stay home instead of spending money on travel and entertainment.
Supply chains have lagged far behind consumer demand due to a lack of manpower at American ports and the restrictions that came with the COVID-19 outbreak early last year. These constraints, which include social distancing and mandatory quarantines, have severely limited the number and ability of port workers to do their jobs.
‘Global infrastructure was not designed to handle goods at such a rate,’ a logistics expert, who asked not to be named, told DailyMail.com.
‘Supply chains are the artery who feeds our entire ecosystem. The government needs to intervene to stop this crisis immediately, or face increased inflation and unemployment, and economic breakdown – or face an end to global trade.’
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Source: Daily Mail