Manufacturing Industry News
From Industry Week -
The U.S. transportation secretary on Sunday warned that America's supply chain woes including clogged ports will drag into next year, potentially cramping the upcoming holiday shopping season in the world's largest economy.
Pete Buttigieg did the rounds on U.S. political talk shows to stress that President Joe Biden's administration was doing everything it could to alleviate congestion at the country's overloaded ports, railways and roads, and that the government will "re-evaluate all of our options" to relieve the bottlenecks.
But "a lot of the challenges that we have been experiencing this year will continue into next year," the transport chief and former presidential candidate told CNN's "State of the Union" show.
Buttigieg added that the supply side crunch was being exacerbated by extraordinary pent-up demand in the United States.
"Demand is off the charts, retail sales are through the roof," he said, and the country's transportation and shipping infrastructure has been unable to keep up.
Industry Week goes on ...