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Port of L.A. to Shift to 24/7 Operations

October 13, 2021

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President Joe Biden tried to reassure Americans on Oct. 13 that he can tame high inflation, announcing a deal to expand operations at the Port of Los Angeles as prices keep climbing and containerships wait to dock in a traffic jam threatening the U.S. economy and holiday shopping.

Prices are jumping in large part because containerships are stranded at ports and because unloaded goods are waiting for trucks, leading to mass shortages and delays that have caused a longer-than-expected bout of inflation. The rising costs are eating into worker pay, creating a drag on growth and driving Republican criticism of Biden just as his multitrillion-dollar tax, economic, climate and infrastructure agenda is going through the crucible of congressional negotiations.

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