Empty Shelves and Empty Wallets: No End in Sight as Supply Chain Bottleneck Drives Cost of Living Higher
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- While ongoing standstills
at the nation's largest port
are driving prices up,
other facilities are stepping in to help,
but it's not enough to fix the problem.
CBN's Brody Carter got a first hand look
at what the country is up against.
- Here at the port of Virginia,
they're already soakingup some of that congestion
that we're seeing in the west coast.
They're operating very efficiently
and they're hopeful to keep that cargo
and turn it into longterm business.
- If you take your car andyou run it 100 mph everyday,
that car begins to show wear and tear.
The industry is beingrun everyday at 100 mph.
- [Brody] As many as 73 container ships
have been waiting to unload goods
at the ports of LongBeach and Los Angeles,
over the last week.
The largest ports in the nation
now a choke hold to theglobal supply chain.
- The warehouses are full,
the truck capacity is being soaked up
because there's so muchcargo that needs to be moved.
- [Brody] LA Long Beach processes
about 10 million shippingcontainers each year.
In comparison, all the majorports on the east coast
process a little more than eight million.
- And the ships keep coming.
- [Brody] The supply chainbottleneck is driving inflation.
Store shelves are bare
and you've likely feltthe impact in your wallet.
- Inflation takes its worst toll
on those who are at the lowestladders of income and wealth.
Poor people.
And so, for those who are well-to-do,
it's just not really an issue,
but for the middle-class
and those who are in lower income groups,
that's where the toll is taken.
And it's like they can't get a break.
- It's gonna take some patience,
it's gonna take some understanding,
and I would ask them
if they know someone in the port industry,
thank them 'cause thosefolks are working hard.
And they are working hardfor the American economy.
- The strain in this supply chain,
it'll endure well pastCOVID-19, well into 2022.
Harris says they just hopethey can contain the workload
that they've already taken on,
to help alleviate the problems
we're seeing in the west coast.
I'm Brody Carter, CBN News.