Retail Imports Expected to Plunge this Fall
After several months of gains from importers rushing to beat new tariffs, cargo imports at major container ports dropped 6% in May to 1.95 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker report. June is projected to drop 4% year-over-year to 2.06 million TEU, but July is forecast to increase 2% to 2.36 million TEU in advance of the Trump ... Log in to view full article.
