West Coast Port Woes Could Continue through 2021
Retail imports set another new record in Apr., with 2.15 million twenty-foot equivalent units coming through U.S. ports, according to the NRF and Hackett Associates, up 33% from last year. Rapid expansion in Covid vaccinations is encouraging consumers to return to more normal shopping habits and retailers are bringing product in as fast as they can to supply the growing demand. But there is little improvement in the supply chain congestion that clogged West Coast ports, caused container and ship shortages, and ... Log in to view full article.