kelly o'grady live at the port of ang lackless and, kelly, inflation -- los angeles. and inflation has to be the elephant on the dock when we talk about what the president was needing to address. >> reporter:, absolutely. i love that, liz, elephant on the dock. i mean, port of l.a. was a great backdrop for his remarks today on the supply chain just minutes ago. 40% of the contain ther traffic coming into the country. he highlighted um improvements on on-time delivery, investment in trucking and professed he's doing everything he can to quell what he call the putin price hikes. i do want to highlight that most of those inflationary pressures as well as the supply chain snarls began well before the invasion of ukraine. and the president is also now accusing shipping companies of price gouging. >> these companies have raised their prices by as much as 1,000%. that's why i called on congress to crack down -- and they're foreign-owned, foreign-owned shipping companies that the raised their prices while rake aring in just as i said, $190 billion in profit. >> reporter: now,