Port of Long Beach executive director Mario Cordero warns higher prices for transportation and shipping will 'be passed down to the consumer.'
The executive director of the Port of Long Beach, the largest container port complex in the United States, warned on Monday of an industry "crisis" over supply chain disruptions.
Mario Cordero argued on "Mornings with Maria" on Monday that the "supply chain is definitely disrupted and has been for some time" and, therefore, the "situation is in a crisis mode."
Ports have become one of many bottlenecks in global supply chains as ships fill up with boxes carrying everything from electronics to holiday decorations.
Cordero noted that there is a "confluence of factors" as to why the situation developed into a "crisis," explaining that the disruption to the supply chain is "very much" due to the COVID-19 pandemic.
He explained that there have been "delays from the cargo coming from China," pointing out that there are "major ports" in China and when one COVID-19 positive worker is detected, terminals are shut down.