Retail Imports Forecast Slashed Due to Tariffs
Cargo imports at major container ports are set to pull back sharply beginning in May as importers fear massive tariff hits, according to the NRF and Hackett Associates’ Global Port Tracker report. In Feb., imports increased 5% to 2.06 million Twenty-Foot Equivalent Units, and Mar. was projected 11% higher at 2.14 million TEU, both months boosted by efforts to bring product in ... Log in to view full article.