mario cordero, quickly for extended gates. mario cordero. we _ quickly for extended gates. then, to the factories across america that are waiting for parts? many of them will work on a just in time basis. many of them supply parts that will go into bigger machines. they are one part of a bigger manufacturing effort. nicole wolter is president and ceo of hm manufacturing. they produce gears and pulleys used in a variety of industrial equipment. welcome to the programme. nice to have you with us.— have you with us. thanks for having me. are have you with us. thanks for having me- are you — have you with us. thanks for having me. are you having _ have you with us. thanks for having me. are you having a _ have you with us. thanks for having me. are you having a stressful i have you with us. thanks for having i me. are you having a stressful time? yes, ifeel me. are you having a stressful time? yes, i feel i — me. are you having a stressful time? yes, i feel i don't _ me. are you having a stressful time? yes, i feel i don't sleep, _ me. are you having a stressful time? yes, i fe

we're going to have mario cordero on in a little bit. he's going to tell us more about this. new report indicating shipping rates from china to united states west coast are down 22% in the last four weeks. let me get your take on some of the changes that you're expecting because taiwan is ramping up production of wafers december continued for auto chips. you write that's great news for car makers. >> it is. so the key in the market and in the economy is to always look ahead not just where we are today. today is short. there are shortages and bottlenecks, et cetera. the good news is going into 2022, the chips are coming. you see it in taiwan's data. you see freight rates are starting to come down which is a sign that indeed the congestion in china is starting to fade. unfortunately, you still have this surge of ships in the ports. but looking ahead, the chips are here. you're going to see a ramp-up in auto production hopefully here in the fourth quarter, also into the first quarter of 2022. and then you're going to have potentially a boatload of stuff in stores, at auto dealer

mario cordero, the executive director, he will join us in just a minute.ain, a hugely just six company, will be stopping by his will. caroline: we will have a serious ceo

mario cordero executive director of port of long beach what is going on. >> this is related to covid-ouse appointed a port envoy. to address this constituent -- to address the situation, if we could think out of the box to create more efficiency and address the am -- i will tell you challenges are difficult. the short-term, but in long-term, this is a wake up wake-up call for members of supply chain to think out of the box. and address the issues. trey: when you say short-term and long-term. at my age, i don't think long-term term. i don't think if i have one. short-term like between now and christmas. are these supply chain issues going to manifest themselves in delays, cars, ablinds children's toys. >> the answer is yes, consumer could expect delays, we're doing for short-term cure is a work of extended hours. i have a -- good thing, terminal operators here in greater los angeles, long beach area. we are looking to -- the 8 hours this takes a cooperation. trey: is there any one category of product you think will be most impacted or is it just simply whatever comes in through the por

doesn't solve the problem with not enough truckers, not enough chassis, not enough warehouse space mario cordero says the pressure is on. >> we can no longer discuss chassis or limited gate hours. going forward we need to implement solutions. >> reporter: we shot this video of a walmart chartered ship to get stuff here faster. as you know, walmart, ups and fed ex say they are ramping up to work after hours but it only depends if the terminal operators will let them in if the terminal operators are not open, it's not going to happen the hope is 3500 extra per week, that's 14,000 a month. they had almost 900,000 import containers to unload in august another 14,000 in a month is only about 2%. so bottom line, if you're shipping, here are some dates you need to keep in mind for fedex ground delivery, the last dayis december 9th. excuse me, usps. ups said check the site for daily ground rates you have to get those goods first before you ship them. >> that is certainly the problem. jane, thanks. >>> now the other border crisis. for 19 months people from canada and mexico have been banned from crossing

mario cordero from the long beach port. are we right now on this whole cargo impasse, if you will? >> thanks, neil. >> neil: thank you. >> first of all, we're doing here at the port of long beach and part of the nation's -- the largest container port complex. we're exploring all options with regard to how we move this cargo with velocity as opposed to with volatility. thus came the subject matter of 24/7, which i referenced a couple years back. one of the things we're doing, again, extending the hours. we have a 24/7 pilot project. there's challenges. everybody has to be on board. obvious, that includes the trucking community. >> let me ask you about the 24/7 and whether it will make a significant difference, especially in that last report was right from jonathan serrie. it's a matter of getting the trucks to the ships to get the stuff off the ships and get them out. >> sure. absolutely. it's a matter of the supply chain being 24/7. it's problematic for a immediate turn around in terms of how you flip the switch. the good n

mario cordero, the executive director of the port of long beach, he joins us now.to et get a he reaction from -- like to get a reaction from secretary about buhl who says the real problem is demand because of the pandemic, you know, we started ordering like crazy online and so the system can't keep up. what's your take on that? >> first of all, arthel, thank you for having me. i think that there's factors in terms of the situation that we're in, in the supply chain. clearly one of them is demand. we had double digit growth in terms of retail sales expected for this year and that references consumer demand. one factors is e-commerce. e-commerce by the way where you can shop 24/7 from your home, 10:00 p.m. or 4:00 in the morning, americans used e-commerce as a percentage of 20% increase. so i think there's a certain aspect to this that is consumer he demand. and that's what's -- one of many factors that's causing the surge and disruption in the supply chain. arthel: that's what his point was, we're at home now, more than before and so we're just like sitting around,

you mentioned mario cordero. over the weekend. the american exporter is being affected on this. this is a global issue. we are dealing with this. the cargo is moving here. there has not been a day where it has been stopped. >> bill: i know you had him on your show too, maria. here's a quote. "no one is really in charge." all right. what's what's the plan? this administration has blocked detail on so many things. what is the plan here? >> i don't think there is a plan at this point, bill pete you've got conversations on going about throwing more money at the economy. they are fighting right now over that three and a half trillion dollar reconciliation package. more money facing it. only going to be more inflation, cutting into any increase we saw in wages. we are going to get some information this friday. the september jobs report. the participation rate at 61.7%. that was unchanged from august 2020. if we see the participation rate go down, that is another indication that this is only getting worse. people are not going back to wo

. >> maria: the port of long beach, mario cordero, says it is not ending anytime soon. >> we see consumerng next year it will taper. maria: he's not expecting the end of this disruption until the second 1:45 thousand 22. what does this mean for products people want to buy and product on store shelves. >> he will have problems getting your hands on items that may be you depend on in your life in terms of medical or food products, it will move to 23, a normalized supply chain. a lot of the risk - maria: please continue. i recommend everyone to go ahead and buy those hard to get items now versus waiting until the holidays. >> i'm many of the manufacturing facilities were shutdown, so much is better than what is made in china. what kind of products will be in short supply. >> any of this holiday season items, toys will be the hardest because they are manufactured in vietnam and china. the risk into the west coast port, where the most substantial risks are in sourcing supply, so anything that includes garments or if you think about holiday gifts stuff that seat tends to run seasonality. from a