Import Cargo Expected to Rise
Import cargo volume at the nation’s major retail container ports, is expected to rise 6.3% in August from last year, according to a report by the National Retail Federation.
The increase is due to retailers importing merchandise for the holiday season, according to NRF.
“Retailers are clearly stocking up and hoping for a stronger fall and winter than they saw last year,” said Jonathan Gold, NRF, vice president for supply chain and customs policy.
Volume for the year is expected to be up 4.8% from 2011.
