In a report released September 9 by the National Retail Federation (NRF) and Hackett Associates, 1.47 million containers are expected to pass through U.S. ports covered by the Global Port Tracker report this month. September has averaged 1.42 million containers for the past five years.
Concerns grew among retailers as the West Coast longshoremen’s contract remained unsettled after its expiration on July 1, which prompted an early import of back-to-school and holiday goods in preparation for a potential disruption on the docks. August saw an all-time monthly record of 1.53 million containers because of these precautions. [Read more...]