Retail Imports Rise in May on Tariff and Fuel Fears
While imports were down 7% in Apr. to 2.05 million Twenty-Foot Equivalent Units, May is expected to skew higher as retailers rush to bring in goods ahead of more tariffs and rising fuel prices, according to the NRF and Hackett Associates. The port of NY and NJ has not yet reported its figures. The surge is partly driven by retailers bringing in merchandise earlier; however, import levels are expected to remain below last year’s ... Log in to view full article.
