Afternoon Coffee: Polypropylene exports face delays; Ports close ahead of Tropical Storm Dorian; Costco’s first China store opening creates headaches Stock

It's hard to imagine Costco Wholesale Corp. had not thought of one problem it would face when it opened its first store in China. Overcrowding on the first day forced the retailer to announce it was limiting the number of shoppers — no more than 2,000 at any given time will be allowed into the store in a Shanghai suburb, reports Reuters. (Apparently, Costco forgot that it's China?)

Polypropylene exports facing logistics delays

Exporters of polypropylene (PP) are experiencing logistics delays because bagging facilities along the U.S. Gulf Coast are operating almost to full capacity. Material sold domestically is shipped in bulk railcars, which also service export buyers in the Mexican and Canadian markets.

Tropical Storm Dorian forces port closures in Caribbean

As of early Wednesday, "gale force winds are predicted within 12 hours and the ports" in Puerto Rico and the U.S. Virgin Islands "are closed to inbound and outbound commercial vessel traffic until the storm clears the area," reports Supply Chain Dive. "Delta warned the storm may affect flights at the Punta Cana, Santiago and Santo Domingo airports in the Dominican Republic along with Port-au-Prince Haiti, and St. Lucia," according to the story.

Exegistics buys Versant Supply’s Indianapolis staffing unit

Veteran-owned third-party logistics (3PL) and supply chain innovator Exegistics said it had acquired the Indianapolis staffing operation of Versant Supply Chain. Versant provides staffing solutions from general labor and skilled workers to clerical and management.

Over 130 U.S. firms request licenses to sell to Huawei

Reuters reports that the United States Commerce Department had received more than 130 applications from companies for licenses to sell U.S. goods to China's Huawei Technologies Co Ltd. The report, quoting three unnamed sources, said the Trump administration had not yet granted any licenses for sales to the blacklisted company.

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