Retail container traffic to be up 15% in June
Washington, D.C. The National Retail Federation and Hackett Associates said Friday that import cargo volume at the nation’s major retail container ports is expected to be up 15% in June, compared with the same month a year ago.
The monthly Global Port Tracker report also said that double-digit increases should continue into the fall as the U.S. economy recovers.
“Cargo import numbers are up but retailers are looking closely at other economic indicators to make sure they are sourcing the appropriate amount of merchandise based on consumer demand,” NRF VP for supply chain and customs policy Jonathan Gold said. “Job creation remains a key factor that’s going to affect consumer spending and retail sales.”
U.S. ports handled 1.15 million Twenty-foot Equivalent Units in April, the latest month for which actual numbers are available. That was up 7% from March and up 16% from April 2009. It was also the fifth month in a row to show a year-over-year improvement after December broke a 28-month streak of year-over-year monthly declines. One TEU