November Retail Imports Higher than Expected
Retail imports at U.S. container ports increased 15% in Nov. to 2.17 Twenty-Foot Equivalent Units, far exceeding the 1.91 million TEU forecast by the NRF and Hackett Associates. The forecast didn’t account for the Oct. port contract extension and outcome of the U.S. elections. Ports saw a surge ahead of potential Trump tariffs, and although a strike at East Coast and Gulf ports has been averted, retailers were already bringing in spring merchandise to ensure ... Log in to view full article.
