Retail Imports Forecast to Climb Through Mid-Summer
Retail import volumes at U.S. container ports are expected to slowly climb sequentially, but will fall below 2022 levels through mid-summer as retailers remain cautious and continue to manage inventories lower, according to the NRF and Hackett Associates. In Jan., retail imports fell 17% year-over-year to 1.81 million Twenty-Foot Equivalent Units, but were up 4% from Dec., the first month-over-month increase since last Aug. While import volumes remain low, the tight labor market and ... Log in to view full article.