Retail Imports Forecast to Remain High through September
Lack of capacity combined with port congestion will push retail import volumes higher than expected in Aug. and Sep., according to the NRF and Hackett Associates, as June’s total hit 2.15 million twenty-foot equivalent units, a 34% increase from 2020. July is estimated to come in at 2.22 million TEU, up 16% and higher than originally forecast, while the Aug. forecast was raised to 2.37 million TEU, a 13% increase and ... Log in to view full article.