Retail Imports Decelerate As Tariffs Loom
The pace of imports is slowing following a near-record peak this summer ahead of tariffs, according to the NRF and Hackett Associates’ Global Port Tracker, inching up 2% in July to 2.36 million Twenty-Foot Equivalent Units. However, the numbers omit NY/NJ, Port Everglades, and Miami because they haven’t reported their data. Import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the year as retailers have stocked up as ... Log in to view full article.