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Article Date: July 2024
Word Count: 159

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.

 


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