Retail Imports Up over Impending Tariffs
Cargo imports at major container ports grew 15% to 2.24 million Twenty-Foot Equivalent Units in May, as retailers ordered early to stay ahead of expected tariff increases, according to the NRF and Hackett Associates’ Global Port Tracker report. NRF’s forecasts have all been raised somewhat heading into the peak shipping season as the temporary tariffs that took effect in Feb., are set to expire this ... Log in to view full article.
