Frontloading Pushes December Retail Imports Higher
Importers ended the year in full panic mode over the potential for increased tariffs, bringing in 2.14 million Twenty-Foot Equivalent Units in Dec., up 14% year-over-year, according to the NRF and Hackett Associates. The final number may be even higher, as the Port of New York and New Jersey and the Port of Miami have yet to report their data. Full-year retail imports ended at 25.5 million TEU, 15% higher than 2023 and ... Log in to view full article.