Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

White House says Delta to ship UK baby formula starting June 20

Published 06/10/2022, 12:42 PM
Updated 06/10/2022, 02:01 PM
© Reuters. FILE PHOTO: Shelves for baby and toddler formula are partially empty, as the quantity a shopper can buy is limited amid continuing nationwide shortages, at a grocery store in Medford, Massachusetts, U.S., May 17, 2022.   REUTERS/Brian Snyder
NESN
-
ABT
-

WASHINGTON (Reuters) -Delta Air Lines Inc will start transporting 3.2 million bottles of Kendamil baby formula on June 20, the White House said on Friday in announcing the sixth shipment of overseas formula to help quell a U.S. shortage.

Delta will ship about 212,000 pounds of the British formula maker's product from London to Boston and Detroit, where it will then get to retailers, the White House said in a statement.

Separately, the U.S. Food and Drug Administration said Abbott Laboratories (NYSE:ABT) would have 16.5 million bottles of its Similac infant formula ready to be shipped from Spain this month.

It did not say when the bottles would be shipped into the United States, but said the government was looking at options to get the product to the U.S. "as quickly as possible".

The shipments are the latest in a string of Operation Fly Formula flights aimed at restocking U.S. shelves after Abbott, a major U.S. infant formula supplier, saw a key factory in Michigan shut down earlier this year and recalled its product.

U.S. President Joe Biden this week said nearly 10 million bottles of safe infant formula would be brought into the country to be sold nationwide in the next two weeks.

© Reuters. FILE PHOTO: Shelves for baby and toddler formula are partially empty, as the quantity a shopper can buy is limited amid continuing nationwide shortages, at a grocery store in Medford, Massachusetts, U.S., May 17, 2022.   REUTERS/Brian Snyder

His administration is also securing overseas formula made by Nestle SA (SIX:NESN) and Bubs Australia.

The bay formula shortage comes as Biden grapples with high inflation, gun violence and other issues before November congressional elections.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.