Retail Import Growth Will Accelerate
Imports at U.S. container ports ticked down 4% to 2.30 million Twenty-Foot Equivalent Units on rising fuel prices, tariffs, and inflationary headwinds, according to the NRF and Hackett Associates’ Global Port Tracker report. This year’s extended peak import season is continuing, with a final bump expected in Sep., potentially making it the busiest month of the year. The import surge was expected to be in the rearview mirror by now, but consumer demand remains strong. In addition, some ... Log in to view full article.