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Biden says CEOs tell him shelves will be full for holidays

Published 11/10/2021, 04:53 PM
Updated 11/10/2021, 10:06 PM
© Reuters. U.S. President Joe Biden delivers a speech during a visit to the Port of Baltimore, Maryland, U.S., November 10, 2021. REUTERS/Evelyn Hockstein
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BALTIMORE (Reuters) - President Joe Biden said on Wednesday that the chief executives of major U.S. retailers had assured him that store shelves would be stocked in time for the holidays.

© Reuters. U.S. President Joe Biden delivers a speech during a visit to the Port of Baltimore, Maryland, U.S., November 10, 2021. REUTERS/Evelyn Hockstein

Speaking at the Port of Baltimore, Biden said billions of dollars included in a $1 trillion infrastructure bill would help unclog the nation's ports, ease shortages and combat inflation.

Biden spoke Tuesday with the CEOs of Walmart (NYSE:WMT) Inc, United Parcel Service Inc (NYSE:UPS), FedEx Corp (NYSE:FDX) and Target Corp (NYSE:TGT) to discuss speeding up deliveries and lowering prices for consumers, a White House official said.

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