Afternoon Coffee: Hurricane Nate Stalls Produce Shipments in Gulf, Trade Tensions Flare for Berry Growers

While Hurricane Nate made landfall over the weekend, the effects of the storm are still challenging logistics providers. As Mississippi’s Sun Herald reports, boatloads of bananas and pineapples were stuck on ships Monday as ships idled in the Gulf of Mexico waiting for the ports of Gulfport and Pascagoula to reopen. Both ports reported minimal damage from the storm, however, and are expected to reopen with some restrictions within a day or so.

Berry Brawl 

Increasing American demand for fresh berries has led to an explosion of berry growing in the farmland northeast of Mexico City, but not without chaffing from American growers, according to the Wall Street Journal. Those tensions are flaring just as negotiations over the North American Free Trade Agreement are starting up again, with some small U.S. farmers saying their southern neighbors are dumping goods at below cost.

Siemens Invests in Predictive Maintenance

Siemens is putting its money where its MRO mouth is. The German conglomerate has made a “strategic equity investment” in predictive locomotive maintenance specialist Wi-Tronix, the International Railway Journal reports. The companies plan to integrate their technologies and improve digital predictive maintenance to the point of 100% availability.

IMF Forecasts

And finally, an economic update: A German government official told Reuters the International Monetary Fund is likely to bump up its World Economic Outlook, a move the person said pointed to the country’s effective leadership during its G20 presidency.

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