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CNN: ‘There Is a Growing Consensus Amongst Officials that This Supply Chain Crisis Will Go Well Into 2022’

Name: CNN


New Day

Name: New Day


Vanessa Yurkevich

Name: Vanessa Yurkevich

Event location
10/19/2021 07:01 am
Dijana (staff)
MP4 (1280x720) Use clipper to adjust file type
YURKEVICH We visited with ░░░░░░░░ toy company who says ░░░░░░░░ kids should not expect ░░░░░░░░ get everything off their ░░░░░░░░ lists this holiday season ░░░░░░░░ starts YURKEVICH voice over ░░░░░░░░ this small New Jersey ░░░░░░░░ a herculean attempt is ░░░░░░░░ It is the unofficial ░░░░░░░░ center for Carrera Revell ░░░░░░░░ desperately to get their ░░░░░░░░ into the U S ░░░░░░░░ time for this holiday ░░░░░░░░ TIESSEN Okay just giving ░░░░░░░░ an update on the ░░░░░░░░ situation at the moment ░░░░░░░░ voice over President Frank ░░░░░░░░ is manning the operation ░░░░░░░░ Had you ever worked ░░░░░░░░ logistics before TIESSEN Only ░░░░░░░░ not directly YURKEVICH Why ░░░░░░░░ you have to get ░░░░░░░░ involved into logistics TIESSEN ░░░░░░░░ of the global supply ░░░░░░░░ that we re facing ░░░░░░░░ voice over Cargo vessels ░░░░░░░░ numbers and arrival dates ░░░░░░░░ tracked with precision TIESSEN ░░░░░░░░ much the first thing ░░░░░░░░ the morning is really ░░░░░░░░ the backlog in the ░░░░░░░░ YURKEVICH voice over Boxes ░░░░░░░░ toys at the well ░░░░░░░░ slot car maker are ░░░░░░░░ in their warehouses in ░░░░░░░░ waiting for a ride ░░░░░░░░ We still have about ░░░░░░░░ 30 containers which are ░░░░░░░░ missing which will not ░░░░░░░░ here YURKEVICH voice over ░░░░░░░░ s 30 of their ░░░░░░░░ product It s just ░░░░░░░░ of many companies dealing ░░░░░░░░ a supply chain nightmare ░░░░░░░░ port congestion containers shipped ░░░░░░░░ May are just arriving ░░░░░░░░ Carrera Revell s U ░░░░░░░░ warehouse in Atlanta five ░░░░░░░░ behind schedule HIGGS We ░░░░░░░░ seen such a surge ░░░░░░░░ the last 90 days ░░░░░░░░ voice over Angela Higgs ░░░░░░░░ the freight forwarding for ░░░░░░░░ Revell tasked with receiving ░░░░░░░░ toys and getting them ░░░░░░░░ to retailers as quickly ░░░░░░░░ possible HIGGS It s ░░░░░░░░ one delay after another ░░░░░░░░ we of course have ░░░░░░░░ pushing and pushing and ░░░░░░░░ but these delays are ░░░░░░░░ right now YURKEVICH voice ░░░░░░░░ With nearly every U ░░░░░░░░ port facing a backlog ░░░░░░░░ warehouse is using all ░░░░░░░░ them piecing together a ░░░░░░░░ supply chain HIGGS We ░░░░░░░░ just going everywhere we ░░░░░░░░ Otherwise these goods are ░░░░░░░░ going to get to ░░░░░░░░ stores and I m ░░░░░░░░ going to have anyone ░░░░░░░░ out on their toys ░░░░░░░░ season YURKEVICH voice over ░░░░░░░░ try to help with ░░░░░░░░ President Biden announced two ░░░░░░░░ ports in California will ░░░░░░░░ to operate 24 7 ░░░░░░░░ for Tiessen the problem ░░░░░░░░ moves from the sea ░░░░░░░░ the land YURKEVICH Does ░░░░░░░░ help you guys TIESSEN ░░░░░░░░ it doesn t help ░░░░░░░░ just doesn t alleviate ░░░░░░░░ problem which we then ░░░░░░░░ once the containers are ░░░░░░░░ aboard There are not ░░░░░░░░ trucks and freight trains ░░░░░░░░ move the containers inland ░░░░░░░░ ends YURKEVICH And this ░░░░░░░░ shortage really is the ░░░░░░░░ link of this entire ░░░░░░░░ chain If the trucks ░░░░░░░░ t get to the ░░░░░░░░ and move cargo then ░░░░░░░░ ports are backed up ░░░░░░░░ there is a growing ░░░░░░░░ amongst officials that this ░░░░░░░░ chain crisis will go ░░░░░░░░ into 2022 so buy ░░░░░░░░ don t expect to ░░░░░░░░ everything you want And ░░░░░░░░ season expect to pay ░░░░░░░░ prices.”
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