'Where's My Stuff?': Ali Velshi Explains The Reality Of Our Supply Chain Issues - MSNBC

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Economist Diane Swonk joins Ali Velshi to discuss why labor shortages, shipping delays and many other variables impacted by Covid are contributing to the holiday shopping supply chain problem. Aired on 11/29/2021.

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1. Walmart CEO says Biden supply chain push is easing bottlenecks

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WASHINGTON (Reuters) - Walmart Inc Chief Executive Doug McMillon on Monday hailed the Biden administration's efforts to ease supply chain bottlenecks as the holiday season gets underway, noting the decision to extend port hours was having a positive impact on the flow of goods.

"We are seeing progress. The port and transit delays are improving," McMillon told President Joe Biden during a White House meeting with CEOs to discuss supply chain issues.

"Because of what you all did to help with overnight hours, and because of the team's work to reroute to other ports, to extend our lead times, and have other creative solutions, we have seen an increase in throughput over the last four weeks of about 26% nationally in terms of getting containers through ports," he said, joining the meeting virtually.

McMillon added that Walmart had noticed a 51% improvement in flow through Southern California ports, a big help for key holiday categories like toys.