Costco facing cheese shortage amid imported food shipping delays
Fox News
Costco is facing shipping delays for imported cheeses, seafood and oils, partly due to a backup caused by a shortage of shipping containers.
Costco is facing delays from its suppliers, with ports backed up in Long Beach, Los Angeles, Oakland and Seattle, said Richard Galanti, Costco's executive vice president and chief financial officer, in an earnings call last week. Galanti also stated that imported foods, specifically, were being impacted. "From a supply chain perspective, the overseas freight has continued to be an issue in regards to container shortage and port delays," Galanti told analysts on the call.
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