Biden talks to Walmart, UPS, Target, other CEOs on supply issues - Reuters
President Joe Biden spoke on Tuesday with the chief executives at Walmart Inc), United Parcel Service Inc, FedEx Corp and Target Corp to discuss speeding up deliveries and lowering prices for consumers, according to a White House official.
"During the conversations, President Biden received updates from these private-sector leaders on the efforts they're taking to speed up throughput in our entire goods movement supply chain and discussed how shelves will be well-stocked this holiday season," the official said, without providing extensive detail.
Biden, facing political pressure over rising U.S. prices, has been organizing an effort to clear transportation bottlenecks, ease semiconductor shortages and pass a spending bill that officials hope will ease long-term inflation.
President Joe Biden spoke on Tuesday with the chief executives at Walmart Inc), United Parcel Service Inc, FedEx Corp and Target Corp to discuss speeding up deliveries and lowering prices for consumers, according to a White House official.
"During the conversations, President Biden received updates from these private-sector leaders on the efforts they're taking to speed up throughput in our entire goods movement supply chain and discussed how shelves will be well-stocked this holiday season," the official said, without providing extensive detail.
Biden, facing political pressure over rising U.S. prices, has been organizing an effort to clear transportation bottlenecks, ease semiconductor shortages and pass a spending bill that officials hope will ease long-term inflation.