U.S. President Joe Biden has announced that the Port of Los Angeles will start operating 24/7. On Wednesday, Biden said that the move is intended to boost supply chains. The current disruption in the global supply chain has pushed up prices of consumer goods.
Around 40% of shipping containers enter the U.S. through the ports of Los Angeles and Long Beach, California.
"My administration is working around the clock to move more goods faster and strengthen the resiliency of our supply chains," Biden tweeted.