Retail Imports Forecast Down 20% through Fall
Cargo imports at major container ports are expected to drop at least 20% year-over-year each month into this Fall, resulting in total import volume this year declining at least 10%, according to the NRF and Hackett Associates’ Global Port Tracker report. March imports came in higher than expected at 2.15 million Twenty-Foot Equivalent Units, up 11%, as brands and retailers rushed to get merchandise in before tariffs hit. ... Log in to view full article.
