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New York (CNN Business) On your next trip to Costco, don’t be surprised if you can’t find your favorite cheese.
Costco is having trouble stocking imported cheeses because of a shortage of shipping containers around the globe and bottlenecks at key West Coast ports, such as Los Angeles, Long Beach, Oakland and Seattle. The combination has led to delays for suppliers shipping their goods, retailers like Costco receiving products, and higher costs along the supply chain.
“Overseas freight has continued to be an issue in regards to container shortage and port delays.
This has caused timing delays on certain categories,” Costco (COST) chief financial officer Richard Galanti said on a call with analysts last week.
The problem isn’t just limited to cheese, but also seafood, olive oils, furniture, sporting goods and lawn and garden equipment, Galanti said.
