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Empty Shelves and Empty Wallets: No End in Sight as Supply Chain Bottleneck Drives Cost of Living Higher

Empty Shelves and Empty Wallets: No End in Sight as Supply Chain Bottleneck Drives Cost of Living Higher Read Transcript


- 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.

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