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Transcripts for BBCNEWS World Business Report 20211014 04:34:00

the backlogs at american ports. shipping containers are stuck at sea and when they do make it to land there aren t enough drivers to pick up the goods. from new york, here s the bbc s michelle fleury. the white house said a key us port, the port of los angeles, had agreed to start working nights and weekends. it also announced agreements from several major companies to get goods flowing again. president biden praised walmart, fedex, ups, after they said it was not working overnight to try to clear up some of the congestion at ports. clear up some of the congestion at orts. ., , , clear up some of the congestion at orts. ., . , ., at ports. today will my, our nation s at ports. today will my, our nation s largest at ports. today will my, our nation s largest retailer, - at ports. today will my, our nation s largest retailer, is| nation s largest retailer, is committing to go all in on moving committing to go all in on moving its products 24/7 from the ports moving its products 2

Transcripts for CNN The Situation Room 20130716 22:26:00

radar, and was headed back through the panama canal. u.s. officials are looking at the possibility that cuba was sending the equipment to north korea for an upgrade. it s going to take some time to confirm the details of this case, but that would be a violation of the security council resolution. reporter: all indications are u.s. intelligence tipped off the panamanians to the ship. the canal is a security nightmare for billions of dollars in shipping. 14,000 vessels transit every year. 60% of the cargo carried is either delivered to the u.s. or shipped from american ports. 755,000 barrels a day of crude oil and other fuels move through the canal. they unearthed this problem with the north koreans. so it s great. it really is a tribute to the panamanians. you have to have a very aggressive entry and exit procedure to make sure that what is going through what s passing through the canal is in

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