Retail Imports Push Higher in May
Despite continuing pressure from rising freight rates, unresolved port labor negotiations, and Red Sea attacks, retail import volumes at U.S. container ports were up 8% in May to 2.08 million twenty-foot equivalent units according the NRF and Hackett Associates’ Global Port Tracker. The pace of import growth continues to accelerate, as projections for June show volume rose 15% year over year to 2.10 million TEU. Looking farther ahead, forecasts for ... Log in to view full article.
