RETAIL IMPORTS

August to be record for retail imports, NRF says

More boxes on the way

The National Retail Federation is calling for the start of peak season to kick off with a bang. The group sees imports to the nation’s largest retail container ports increasing 12.6% year-over-year in August to 2.37 million twenty-foot equivalent units, ahead of the recent monthly record established in May of 2.33 million.

“August is the beginning of the ‘peak season,’ when retailers stock up on holiday merchandise each year,” the report stated. “Many retailers are moving up their shipments this...

https://www.freightwaves.com/news/august-to-be-record-for-retail-imports-nrf-says

U.S. Retail Imports Witness Lowest Annual Total in 4 Years

  • Imports at major U.S. retail container ports are expected to see their lowest in 2020.
  • The retailers are being careful not to import more than they can sell.
  • U.S. ports covered by Global Port Tracker handled 1.61 million TEU in June.
  • That was up 4.9% from May but down 10.5%year-over-year. 
  • July was estimated at 1.76 million TEU, down 10.2% year-over-year.
  • 2020 is set to see a drop of 9.4% from 2019 and the lowest annual total of 19.1 million TEU in 2016.

According to an article published in...

https://mfame.guru/u-s-retail-imports-witness-lowest-annual-total-in-4-years/

Report: Unusual increase on US retail imports expected

With retail sales rising and President Trump saying he plans to both increase and broaden tariffs on goods from China, imports at the nation’s major retail container ports are expected to see unusually high levels the remainder of this spring and through the summer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

“It would be unfortunate to undermine the progress that has been made.”

NRF Vice President Jonathan Gold

“Much of...

https://container-news.com/unusual-increase-us-retail-imports-expected/

US retail imports rising again

WASHINGTON – With tariff increases delayed for the foreseeable future and the busy summer season approaching, imports at the US major retail container ports are beginning to climb again, according to the monthly Global Port Tracker report released on April 8 by the National Retail Federation and Hackett Associates.

“Retailers are starting to stock up in anticipation of a strong summer,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Tariff increases are on hold and...

https://container-news.com/us-retail-imports-rising-again/

+ More