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The post Daily Infographic: US holiday spending to climb 3%-4% over 2022, NRF predicts appeared first on FreightWaves.
Amid all the doom and gloom on container shipping and the talk of an impending recession, U.S. imports are rising off their lows. Inventory-to-sales ratios are still much higher than pre-COVID, yet monthly imports are now either at or above 2019 levels, depending on which data source you use.
U.S. ports imported 2,020,197 twenty-foot equivalent units of containerized cargo in April, Descartes said on Monday.
That’s down 18% from a year ago,...
https://www.freightwaves.com/news/us-imports-up-again-in-april-market-mirrors-pre-covid-normal
U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by the National…
https://gcaptain.com/us-retail-imports-expected-to-remain-below-2022/
Import cargo volume at the nation’s busiest container ports should climb steadily through this summer, but will remain well-below the record-setting levels seen during the pandemic, the National Retail Federation…
https://gcaptain.com/us-container-imports-climbing-but-will-stay-well-below-pandemic-peaks/
In January, U.S. containerized imports logged their highest month-on-month gain since last May, according to data from Descartes. Inbound volumes rose 7.2% versus December to 2,068,493 twenty-foot equivalent units, Descartes reported Wednesday.
That’s the good news. The bad news is that last month’s imports were almost identical to Descartes’ imports stats for January 2019 and 2020, pre-pandemic.
The worse news is that this month looks especially...
https://www.freightwaves.com/news/january-imports-up-vs-december-but-february-is-looking-weak
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The post Daily Infographic: Holiday retail sales to climb 6% to 8%, NRF says appeared first on FreightWave...
https://www.freightwaves.com/news/daily-infographic-holiday-retail-sales-to-climb-6-to-8-nrf-says
FIRESIDE CHAT TOPIC: How are retailers responding to supply chain disruptions?
DETAILS: In this fireside chat, FreightWaves reporter Grace Sharkey and Jonathan Gold, the National Retail Federation’s vice president of supply chain and customs policy, discuss how increasing e-commerce sales and capacity crunches are changing retailers’ logistics strategies. Gold dives into how port congestion, automation and acquisitions have changed how retailers design their supply chains.
SPEAKER: Gold is vice...
https://www.freightwaves.com/news/gscw-chat-retailers-prioritize-resiliency
Consumers are increasingly looking at hybrid shopping options, but they are also increasingly purpose-driven in their purchases, representing large opportunities for retailers than can effectively blend their digital and in-store options.
That is among the key findings from the second annual IBM and National Retail Federation global consumer retail study, conducted by the IBM Institute for Business Value. The study, “Consumers want it all: Hybrid shopping, sustainability and purpose-driven...
Record retail sales and continued inventory restocking provide the backdrop for the National Retail Federation’s increased expectations for inbound containers. On Monday, the group raised its forecast for first-half 2021 twenty-foot equivalent units (TEUs) landing at major container ports in the U.S. to 23.3% year-over-year.
Final January numbers showed TEUs came in 13% higher year-over-year at 2.06 million, the busiest January in the dataset’s nearly 20-year history.
“NRF is forecasting what...
https://www.freightwaves.com/news/retail-container-imports-expected-to-grow-dramatically