November Retail Imports Beat Forecast
Bucking predictions of a double-digit decline, Nov. retail imports slipped just 7% year-over-year to 2.02 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker. The Dec. projections were revised higher, and are now expected to decline 7% from a year ago to 1.99 million TEU, up from the earlier forecast of 1.86 million. That brings ... Log in to view full article.