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Record Imports Expected as West Coast Port Talks Continue

nrfImport volume at major U.S. container ports is expected to hit an all-time record in August as retailers concerned about the lack of a West Coast longshoremen’s contract rush to bring holiday season merchandise into the country, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Import volume at U.S. ports covered by the Global Port Tracker report is expected to total 1.54 million containers this month, which is the highest monthly volume since NRF began tracking import volume in 2000. It tops a previous record of 1.53 million set in July, as well as unusually high numbers seen this spring as retailers began importing merchandise early in anticipation of this summer’s contract talks.

The contract between the Pacific Maritime Association and the International Longshore and Warehouse Union expired on July 1. Dockworkers remain on the job as both sides continue to negotiate a new agreement.

West Coast Ports Negotiations Resume as Cargo Shifts East

The shipping news journal Lloyd’s List reports that the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) have resumed contract negotiations following a three-day hiatus last week. In the meantime, retailers are bringing holiday merchandise into the country at record levels to protect against potential supply chain disruptions, according to the Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates.

Import volume at major U.S. container ports is expected to total 1.5 million containers this month, the highest monthly volume in at least five years. This follows a trend of unusually high import levels that began this spring as retailers worked to import merchandise ahead of potential problems.

The contract between the PMA and the ILWU expired on July 1. Dockworkers remain on the job as both sides continue to negotiate a new agreement. [Read more...]

Report: Retail Container Traffic to Increase 10 Percent in May

According to the latest monthly Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the nation’s major retail container ports is expected to be up 10 percent in May, and double-digit increases are expected moving into the fall.

In March, the latest month for which actual numbers are available, U.S. ports handled 1.07 million Twenty-foot Equivalent Units (TEU), a 7-percent increase compared to February, and a 12-percent increase compared to March 2009. One TEU is one 20-foot cargo container or its equivalent. March was also the fourth month in a row to show a year-over-year improvement.

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