WEBVTT 00:05.340 --> 00:08.670 please sit down . Thank you . Well , 00:08.670 --> 00:11.860 good afternoon everyone , I know 00:12.740 --> 00:14.796 you're hearing a lot about something 00:14.796 --> 00:18.230 called supply chains and how hard it is 00:18.230 --> 00:21.700 to get a range of things from a toaster 00:21.700 --> 00:24.180 to sneakers , the bicycles , bedroom 00:24.180 --> 00:27.980 furniture and uh , that's why back 00:27.980 --> 00:31.120 in february , I signed a piece of 00:31.120 --> 00:33.690 legislation on supply chain , executive 00:33.690 --> 00:36.880 order on supply chains and what we had 00:36.880 --> 00:39.650 to move on it . And with the holidays 00:39.650 --> 00:41.761 coming up , you might be wondering if 00:41.761 --> 00:43.817 gifts you plan to buy will arrive on 00:43.817 --> 00:46.570 time . Well , let me explain supply 00:46.570 --> 00:49.350 change essentially mean how we make 00:49.350 --> 00:52.560 things and how the material and parts 00:52.560 --> 00:55.340 get delivered to factory , a factory so 00:55.340 --> 00:57.410 we can manufacture things and 00:57.410 --> 01:00.510 manufacturing here . How we move things , 01:01.040 --> 01:02.929 how a finished product moves from 01:02.929 --> 01:05.740 factory to a store to your home . And 01:05.740 --> 01:07.962 today we have an important announcement 01:07.962 --> 01:10.880 that will get things you buy to you to 01:10.880 --> 01:13.980 the shelves faster . I'm joined by the 01:13.980 --> 01:16.147 executive director of the Ports of Los 01:16.147 --> 01:19.780 Angeles and Long Beach , jean Soroka 01:19.790 --> 01:23.550 and uh Mario Mario Giordano . 01:24.040 --> 01:27.160 Uh , I miss , I apologize 01:27.540 --> 01:30.770 aereo um that and the president of the 01:30.770 --> 01:32.714 International Longshoremen's Union 01:32.714 --> 01:35.920 Willie Adams . Los Angeles and Long 01:35.920 --> 01:38.000 Beach are home to two of the largest 01:38.000 --> 01:40.530 point reports of America . And together 01:40.530 --> 01:42.586 these ports are among the largest in 01:42.586 --> 01:44.810 the world . And the best way to make 01:44.810 --> 01:48.800 that point is that 40%, , 40% 01:48.800 --> 01:50.522 of shipping containers that we 01:50.522 --> 01:52.356 important into this country come 01:52.356 --> 01:55.010 through these two ports And today we 01:55.010 --> 01:57.177 have some good news . We're gonna help 01:57.177 --> 01:59.121 speed up the delivery of goods all 01:59.121 --> 02:01.120 across America . After weeks of 02:01.120 --> 02:03.540 negotiation and working with my team 02:03.550 --> 02:06.230 and with the major union retailers and 02:06.230 --> 02:08.370 freight movers , the ports of Los 02:08.370 --> 02:10.259 Angeles , the port of Los Angeles 02:10.259 --> 02:12.370 announced today that it's going to be 02:12.370 --> 02:15.430 began operating 24 hours a day , seven 02:15.430 --> 02:18.390 days a week . This follows the port of 02:18.390 --> 02:20.870 Long Beach . This commitment to 24/7 02:20.950 --> 02:24.730 that announced just weeks ago , 24 7 02:24.730 --> 02:27.280 system . What most of the leading 02:27.280 --> 02:29.502 countries in the world already operated 02:29.502 --> 02:32.400 on now except us until now . This is 02:32.400 --> 02:34.710 the first key step toward moving our 02:34.710 --> 02:37.360 entire freight transportation and 02:37.360 --> 02:40.560 logistical supply chain nationwide to a 02:40.560 --> 02:43.660 24/7 systems . Here's why it matters . 02:44.140 --> 02:46.440 Traditionally , our ports have only 02:46.440 --> 02:48.460 been open during the week monday 02:48.460 --> 02:50.516 through friday and they're generally 02:50.516 --> 02:52.627 closed down at nights and on weekends 02:53.240 --> 02:55.520 by staying open seven days a week 02:55.530 --> 02:57.863 through the night . And on the weekends , 02:58.040 --> 03:00.890 The port of Los Angeles will open over 03:00.890 --> 03:04.180 60 extra hours a week will be opened in 03:04.180 --> 03:06.450 total . That will almost double the 03:06.450 --> 03:08.561 number of hours that the port is open 03:08.561 --> 03:10.672 for business from earlier this year . 03:11.140 --> 03:13.362 That means an increase in the hours for 03:13.362 --> 03:15.480 workers to be moving cargo off ships 03:15.480 --> 03:17.910 onto trucks and rail cars to get to 03:17.910 --> 03:20.660 their destination . And more than that , 03:21.140 --> 03:22.973 The night hours are critical for 03:22.973 --> 03:24.807 increasing the movement of goods 03:24.807 --> 03:26.862 because highways , highways are less 03:26.862 --> 03:28.970 crowded in the evening at night . In 03:28.970 --> 03:30.970 fact , during off peak hours in Los 03:30.970 --> 03:33.720 Angeles , cargo leaves the port at a 03:33.730 --> 03:37.510 25 faster pace than 03:37.510 --> 03:40.410 during the day shift . So by increasing 03:40.410 --> 03:42.299 the number of late night hours of 03:42.299 --> 03:44.188 operation and opening up for less 03:44.188 --> 03:46.299 crowded hours when the goods can move 03:46.299 --> 03:48.410 faster . Today's announcement has the 03:48.410 --> 03:51.330 potential to be a game changer . I say 03:51.330 --> 03:53.750 potential because all of these goods 03:53.750 --> 03:57.720 won't move by themselves for the , 03:57.730 --> 04:01.290 for the positive impact to be felt all 04:01.300 --> 04:03.610 all across the country and by all of 04:03.610 --> 04:06.590 you at home , we need major retailers 04:06.600 --> 04:09.040 who ordered the goods and the freight 04:09.040 --> 04:10.984 movers who take the goods from the 04:10.984 --> 04:14.000 ships to factories into stores to step 04:14.000 --> 04:16.350 up as well . These provide these 04:16.350 --> 04:18.620 private sector companies are the ones 04:18.620 --> 04:20.676 that higher the trucks and rail cars 04:20.676 --> 04:24.160 and move the goods on this score . We 04:24.160 --> 04:26.216 have some good news report as well . 04:26.540 --> 04:29.340 Today Walmart , our nation's largest 04:29.340 --> 04:32.350 retailer is committing to go all in on 04:32.350 --> 04:35.280 moving this products . Products 24/7 04:35.280 --> 04:37.100 from the ports for their stores 04:37.100 --> 04:40.150 nationwide . Specifically , Walmart is 04:40.150 --> 04:43.240 committing as much as a 50% increase in 04:43.240 --> 04:45.570 the use of off peak hours over the next 04:45.570 --> 04:48.240 several weeks . Additionally , Fedex 04:48.240 --> 04:50.490 and ups , two of our nation's biggest 04:50.490 --> 04:53.370 freight movers are committing today to 04:53.370 --> 04:55.426 significantly increase the amount of 04:55.426 --> 04:57.750 goods they're moving at night . Fedex 04:57.750 --> 05:00.390 and ups are the shippers for some of 05:00.390 --> 05:02.540 our nation's largest stores , but 05:02.540 --> 05:04.373 they're also shipped for tens of 05:04.373 --> 05:06.262 thousands of small businesses all 05:06.262 --> 05:09.350 across America . Their commitment to go 05:09.350 --> 05:12.870 all in on 24 7 operations means that 05:12.870 --> 05:15.037 businesses of all sizes will get their 05:15.037 --> 05:17.060 goods on shelves faster and more 05:17.060 --> 05:20.680 reliable accordingly . According to one 05:20.680 --> 05:24.260 estimate together Fedex and ups alone 05:24.270 --> 05:27.580 move up to 40% of packages in America 05:27.590 --> 05:30.940 to 40% and other companies are stepping 05:30.940 --> 05:33.900 up as well . They include target home 05:33.900 --> 05:36.330 depot and Samsung that have all 05:36.330 --> 05:38.441 committed to ramp up their activities 05:38.441 --> 05:40.386 that utilize off peak hours at the 05:40.386 --> 05:43.660 ports . So the commitments being made 05:43.660 --> 05:46.540 today are a sign of major progress in 05:46.540 --> 05:49.010 moving goods from manufacturers to a 05:49.010 --> 05:52.140 store or to your front door . I want to 05:52.140 --> 05:54.980 thank my supply saying disruption task 05:54.980 --> 05:57.760 force which we set up in june led by 05:57.760 --> 05:59.910 secretaries , Budig Ezra Mondo and 05:59.910 --> 06:03.040 Vilsack and by my director of National 06:03.040 --> 06:05.151 Economic Council brian Deese , I want 06:05.151 --> 06:07.207 to thank them for their leadership . 06:07.207 --> 06:09.960 Especially want to thank joe crockery . 06:10.440 --> 06:14.080 Uh and uh I I think uh joe has done one 06:14.080 --> 06:15.913 heck of a job , my special envoy 06:15.913 --> 06:18.220 specifically on ports who's been 06:18.220 --> 06:19.998 working this issue with all the 06:19.998 --> 06:22.331 stakeholders for the past several weeks . 06:22.340 --> 06:24.673 I also want to thank the port directors . 06:24.673 --> 06:26.729 I want to thank jean and Mario again 06:26.729 --> 06:28.896 and the mayors of Los Angeles and Long 06:28.896 --> 06:31.240 Beach Mayor Garcetti and Mayor Garcia 06:31.250 --> 06:34.340 for their leadership and I think the 06:34.340 --> 06:36.618 private companies that are stepping up , 06:36.618 --> 06:38.840 I want to thank them , thank them but I 06:38.840 --> 06:40.729 particularly want to thank Labour 06:40.729 --> 06:42.784 Willie Adams of the longshoremen and 06:42.784 --> 06:45.360 warehouses union who is here today . 06:45.740 --> 06:48.300 The teamsters , the rail unions from 06:48.300 --> 06:50.467 the brotherhood of railroad single man 06:50.540 --> 06:52.840 and the International Association of 06:52.840 --> 06:54.930 machinists to the american trained 06:54.930 --> 06:57.610 dispatches Association to sheet metal 06:57.620 --> 07:00.550 air and rail and Transportation workers 07:00.550 --> 07:04.350 union known as Smart I want to be clear . 07:04.940 --> 07:07.420 This is across the board commitment to 07:07.420 --> 07:10.540 go into 24 7 . This is a big first step 07:10.540 --> 07:12.262 in speeding up the movement of 07:12.262 --> 07:14.429 materials and goods through our supply 07:14.429 --> 07:17.160 chain , but now we need the rest of the 07:17.160 --> 07:19.560 private sector chain to step up as well . 07:20.340 --> 07:22.451 This is not called a supply chain for 07:22.451 --> 07:25.260 nothing . This means the terminal 07:25.260 --> 07:28.110 operators , railways , trucking company 07:28.110 --> 07:30.760 shippers and other retailers as well , 07:31.540 --> 07:33.540 strengthening our supply chain will 07:33.540 --> 07:36.600 continue to be my team's focus . If 07:36.600 --> 07:38.740 federal support is needed , I will 07:38.740 --> 07:41.250 direct all appropriate actions . If the 07:41.250 --> 07:43.417 private sector doesn't step up , we're 07:43.417 --> 07:45.583 going to call them out and ask them to 07:45.583 --> 07:48.010 act because our goal is not only to get 07:48.010 --> 07:50.121 through this immediate bottleneck but 07:50.121 --> 07:52.288 to address the longstanding weaknesses 07:52.288 --> 07:54.380 and our transportation supply chain 07:54.440 --> 07:56.950 that this pandemic has exposed . I 07:56.950 --> 07:59.006 might add parenthetically one of the 07:59.006 --> 08:01.310 reasons why I think it's very important 08:01.310 --> 08:03.980 that we get the infrastructure plan 08:03.980 --> 08:07.160 passed my infrastructure plan , that 08:07.160 --> 08:09.327 supply chain system almost entirely in 08:09.327 --> 08:11.540 the hands of private business . The 08:11.540 --> 08:15.370 world has changed prior to the crisis . 08:16.240 --> 08:19.750 We cheered the focus on lean , 08:19.750 --> 08:22.720 efficient supply chains , leaving no 08:22.720 --> 08:24.664 buffer or margin for error when it 08:24.664 --> 08:27.120 comes to certain parts of arriving just 08:27.120 --> 08:29.630 in time is needed to make a final 08:29.630 --> 08:32.750 product , our administration Barack and 08:32.750 --> 08:35.130 ours we that's what we was just in time 08:35.130 --> 08:36.963 was the focus . We didn't have a 08:36.963 --> 08:39.186 pandemic and other things at the time . 08:39.240 --> 08:41.407 We need to take a longer view though , 08:41.407 --> 08:43.184 that invest in building greater 08:43.184 --> 08:45.240 resilience to withstand the kinds of 08:45.240 --> 08:47.910 shocks we've seen over and over a year 08:47.910 --> 08:50.130 in and year out , whether it's the 08:50.130 --> 08:53.580 pandemic , extreme weather , climate 08:53.580 --> 08:56.460 change cyberattacks further disruptions . 08:57.140 --> 09:00.130 In fact , Research tells us that a 09:00.130 --> 09:03.450 company can expect to lose over 40 of 09:03.450 --> 09:05.650 one year's earnings every 10 years 09:06.040 --> 09:08.207 through the supply chain disruptions . 09:09.240 --> 09:11.580 A longer term view means we invest in 09:11.580 --> 09:14.300 systems that have more time built in 09:14.550 --> 09:16.661 and our ability to produce innovative 09:16.661 --> 09:19.290 and partner with our allies . It also 09:19.290 --> 09:21.401 means companies throughout the supply 09:21.401 --> 09:23.623 chain , like maritime , air freight and 09:23.623 --> 09:25.512 trucking companies , reduce their 09:25.512 --> 09:27.910 carbon emissions and help to meet our 09:27.910 --> 09:30.550 climate change goals . It also means 09:30.550 --> 09:32.550 creating and supporting good paying 09:32.550 --> 09:35.390 jobs . So folks want to stay in these 09:35.390 --> 09:37.501 jobs so they can build the skills and 09:37.501 --> 09:39.850 careers and to make a decent living . 09:40.740 --> 09:42.851 It means more opportunities to join a 09:42.851 --> 09:45.510 union , especially for truckers . These 09:45.510 --> 09:47.300 steps are critical . They allow 09:47.300 --> 09:49.770 companies to pivot quickly when a 09:49.770 --> 09:52.090 disruption hits because they've 09:52.090 --> 09:54.250 invested in their workers or workers 09:54.250 --> 09:56.960 skills and training up front to be able 09:56.960 --> 09:59.610 to adapt . We need to invest in making 09:59.610 --> 10:01.777 more of our products right here in the 10:01.777 --> 10:04.160 United States . Never again should our 10:04.160 --> 10:06.930 country and our economy be unable to 10:06.930 --> 10:09.340 make critical products we need because 10:09.340 --> 10:11.396 we don't have access to materials to 10:11.396 --> 10:13.710 make that product . Never again should 10:13.710 --> 10:15.654 we have to rely too heavily on one 10:15.654 --> 10:17.990 company or one country or one person in 10:17.990 --> 10:20.212 the world , particularly when countries 10:20.212 --> 10:22.434 don't share our values when it comes to 10:22.434 --> 10:24.434 labor and environmental standards . 10:24.940 --> 10:27.710 I've said before , We're income were in 10:27.710 --> 10:29.950 the competition for the 21st century . 10:30.540 --> 10:33.210 We are America , we still have the most 10:33.210 --> 10:35.377 productive workers and most innovative 10:35.377 --> 10:37.470 minds in the world , but the rest of 10:37.470 --> 10:39.840 the world is closing in and we risk 10:39.840 --> 10:41.960 losing our edge . If we don't step up 10:43.040 --> 10:45.151 in order to be globally competitive , 10:45.151 --> 10:47.373 we need to improve our capacity to make 10:47.373 --> 10:49.262 things here in America while also 10:49.262 --> 10:51.262 moving finished products across the 10:51.262 --> 10:53.840 country and around the world . We need 10:53.840 --> 10:57.530 to think big and bold . That's why I'm 10:57.530 --> 10:59.363 pushing for once in a generation 10:59.363 --> 11:01.419 investment in our infrastructure and 11:01.419 --> 11:03.641 our people , but my infrastructure bill 11:03.641 --> 11:05.950 and my build back better act . These 11:05.950 --> 11:08.283 bills would transform transform reports , 11:08.283 --> 11:10.394 there's a million billions of dollars 11:10.394 --> 11:12.450 reports , highways , rail systems 11:13.040 --> 11:15.630 that's sorely need upgrading that would 11:15.630 --> 11:17.352 bring products faster and more 11:17.352 --> 11:19.463 efficiently from the factories to the 11:19.463 --> 11:21.860 store to your house . Let me be clear , 11:22.740 --> 11:24.740 we're proposing to make the biggest 11:24.740 --> 11:26.796 investment in ports in our history . 11:27.340 --> 11:29.562 The bill would also make investments in 11:29.562 --> 11:31.729 our supply chain and manufacturing and 11:31.729 --> 11:33.896 strengthening our ability to make more 11:33.896 --> 11:36.350 goods from the beginning to end right 11:36.350 --> 11:39.560 here in America . the bottom line , 11:40.440 --> 11:42.607 we've seen the cost of inaction in the 11:42.607 --> 11:45.870 pandemic and delays and the congestion 11:45.970 --> 11:48.900 that affect every american , but it's 11:48.900 --> 11:51.970 fully within our capacity to act to 11:51.970 --> 11:54.640 make sure it never happens again . It's 11:54.640 --> 11:57.480 gonna take a little time and that we've 11:57.490 --> 12:00.200 unlocked the full might and dynamism of 12:00.200 --> 12:02.620 our economy and our people . That's 12:02.620 --> 12:05.110 what we're going to do . God bless you 12:05.110 --> 12:07.388 all and May God bless the longshoremen , 12:07.640 --> 12:09.640 rail workers , truckers and all the 12:09.640 --> 12:11.862 workers are keeping our economy going . 12:11.940 --> 12:14.107 May God protect our troops . Thank you 12:14.107 --> 12:14.550 all so very much .