Retail Container Traffic Expected to Grow 9 Percent in December
December 15, 2010,
WASHINGTON--Import cargo volume at the nation's major retail container ports should increase nine percent this month, according to the latest Global Port Tracker report from the National Retail Federation and Hackett Associates.
In addition, 2010 should end with a 17 percent in retail container traffic. To Jonathan Gold, NRF's vice president for supply chain and customs policy, this growth reflects "the nation's improving economy. We haven't fully recovered from the recession, and we still need more job creation to get consumer confidence back where it should be. But import levels have seen solid increases throughout the year, and we expect that to continue in 2011."
For October, the most recent month with available figures, U.S. ports handled 1.34 million 20-foot equivalent units, unchanged from September but up 13 percent from October 2009, and the eleventh month in a row with a year-over-year increase. The Global Port Tracker projected that November's volume would rise 15 percent over last year, and that January's volume should be up 8 percent from January 2010.