California Ports Face Delays as Cargo Ships Sit for Weeks

The ports of Los Angeles and Long Beach, CA are two major gateways for about one-quarter of all U.S. imports. But neither is operating at full capacity due to labor shortages, disagreements over operating hours, issues with warehouse operations, and more. Thomas Derry, CEO of the Institute for Supply Management, joins Cheddar News' Closing Bell to discuss why these two ports are backed up and how it could impact holiday shopping.
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