Retail Imports Beat Projections in Oct., Forecast Raised
Retail imports at U.S. container ports exceeded expectations in Oct., hitting 2.05 Twenty-Foot Equivalent Units and growing 3% from last year, well above the 1.92 million TEU forecast by the NRF and Hackett Associates. Oct. should be the peak of Holiday imports, the NRF opined, projecting Nov. imports will be up 11% to 1.96 million TEU, but down from the month before. The forecast for Dec. was raised ... Log in to view full article.
