Retail Imports Jump 24.5% in November
Imports continued their torrid pace in Nov., exceeding forecasts and growing by 24.5% to 2.11 million Twenty-Foot Equivalent Units, according to the NRF’s PortTracker, but declining 4.9% sequentially from Oct.’s record. If Dec. meets or beats the current 2.02 million TEU forecast, which would be a 17.3% decline from last year, the 2020 total for retail imports would hit 21.9 million TEU, a 1.5% increase from 2019 and even ... Log in to view full article.