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Article Date: October 2023
Word Count: 195

Retail Imports Set to Slow

Retail imports were forecast to reach 2.00 million Twenty-Foot Equivalent Units in Aug., but ports only handled 1.96 million TEU for the month, though it was the busiest month of the year, according to the NRF and Hackett Associates. Import cargo volume at major container ports has already hit its expected peak for the year and is now anticipated to slow heading into the Holiday season. Retailers stocked up early this year to safeguard against impending supply chain labor disruptions and are well-situated to meet demand. Discretionary spending ... Log in to view full article.


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