Retail Container Traffic to Rise 16 Percent in September
September 8, 2010,
WASHINGTON-Import cargo volume at the nation's major retail container ports is expected to increase 16 percent this month, according to the latest Global Port Tracker report from the National Retail Federation and Hackett Associates.
The push will come from the need for stores to stock up on holiday merchandise, according to Jonathan Gold, NRF's vice president for supply chain and customs policy. "Cargo is still coming in," Gold said, "but the key question for sales will be what happens with employment and other factors that affect consumer confidence this fall."