steve u.s. ports on both coasts facing a cargo crisis as staffing shortages strand many ships offshore. they can t get unloaded. this as fedex admits to re-routing more than 600,000 packages a day due to the lack of manpower. so what does this supply chain crunch mean for you? let s talk to the host of varney and company american built on fox business. stuart varney. good morning to you. good morning, steve. i will tell what you exactly it means to all of us, order your holiday gifts now because the supply chain problems will not go away. in fact, they might get worse. that s the bottom line here, steve from, all these ships backed up at or ports. the lack of drivers for trucks. the lack of people to stock the warehouses shelves, et cetera, et cetera. that is a supply chain problem. it s inflationary and it s not going away. steve: stuart, is this related still to the fact that so many people decided they would rather
with details. i will take it from here, the supply chain crunch already forcing stores like costco to limit purchases of toilet paper and cleaning supplies. nike says sales will be down this year because it s taking twice as long to have its products shipped from asia. so the question is what the heck is going on? simply put consumer demand has been surging, creating a wave of imports with it simply overwhelmed ports especially on the west coast. tens of thousands of containers are now stuck at the ports of long beach and los angeles while more than 60 cargo ships are currently stranded at sea nearby just waiting to come in and unload their cargo. the southern california terminals are absolutely key. but it s not just the volume that is closing problems. port operators, trucking companies, browse operations, railways and the retailers themselves are all struggling
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