Factbox: How Target, Home Depot, UPS and FedEx Plan to Reduce US Port Congestion

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A port of Los Angeles will join Long Beach, Calif., To expand its 24-hour operations, the White House has announced.

Consumer goods manufacturers, delivery companies, and retailers – who make most of their annual revenue in the last quarter of the year – have stepped in, virtually meeting Biden and promising a intensification of operations.

Attendees included senior executives from Walmart, Target, FedEx, UPS, Samsung and Home Depot.

WALMART

The world’s largest retailer has said it will dramatically increase its use of night hours in ports and estimated it could increase throughput by up to 50% in the coming weeks.

“As ports evolve into 24/7 operations, this will just help increase our overall efficiency and increase the volume of cargo that we can move through these ports and reach customers,” said one. spokesperson.

TARGET

Target, which moves about half of its shipping containers overnight, has pledged to increase that amount by 10% over the next 90 days to help ease congestion at ports.

The big box retailer said it “fully supports investments aimed at increasing the efficiency of our country’s ports,” including expanding infrastructure and increasing data sharing between industries to help control traffic. port.

HOME DEPT

The company said it plans to ship up to 10% more containers per week during the newly available port off-peak hours at the Los Angeles and Long Beach ports.

SAMSUNG

Samsung said it will ship nearly 60% more containers out of those ports operating 24/7 over the next 90 days.

UPS

Delivery company UPS said it will increase its use of 24/7 operations and improve data sharing with ports, which could allow it to move up to 20% more containers from ports .

FEDEX

FedEx has said it will combine an increase in nighttime hours with changes in the use of trucking and rail to increase the volume of containers it will move from ports.

The company said the changes could double the volume of cargo it leaves ports overnight.

(Reporting by Richa Naidu in Chicago; Editing by Heather Timmons and Lisa Shumaker)

By Richa Naidu


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