Biden says CEOs tell him shelves will be full for holidays

[November 11, 2021]  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.

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 Inc, United Parcel Service Inc, FedEx Corp and Target Corp to discuss speeding up deliveries and lowering prices for consumers, a White House official said.

(Reporting by Andrea Shalal; Writing by Katharine Jackson)

[© 2021 Thomson Reuters. All rights reserved.]

Copyright 2021 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.