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Volume at major container ports bumped up significantly in November, as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation, Washington, D.C., and Hackett Associates, Alexandria, Va.
Imports at some of the nation’s major retail container ports grew 7% during 2017, as retail sales continued to increase, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF), Washington, D.C., and Hackett Associates, Alexandria, Va.
Ports covered by Global Port Tracker handled 1.58 million 20-foot equivalent units in December 2016, the latest month for which after-the-fact numbers are available.
Imports at the nation’s major retail container ports are expected to increase 4.6% during the first half of 2017 over the same period last year, as the nation’s economy improves and retail sales continue to grow.