Retailer Container Traffic Projected to Rise 16 Percent in July

WASHINGTON--A new forecast from the National Retail Federation and Hackett Associates has predicted that import cargo at the nation's major retail ports will increase 16 percent this month.

In the monthly Global Port Tracker, the two organizations added that the double-digit increases in container traffic could wind down this fall, as retailers look to manage their inventories closer to the vest.  Jonathan Gold, NRF's vice president for supply chain and customs policy, said, "We are still seeing increases in imports partly because last year's volumes made for easy comparisons and partly because of real improvements in the economy and consumer spending. But retailers are being cautious as they look at numbers for employment, housing and the availability of credit."

In May, the most recent month with available data, U.S. ports handled 210 percent more cargo containers of merchandise than in May 2009. For June, the Global Port Tracker has projected a 22 percent increase over June of last year. The estimate for the first half of 2010 as a whole was a 15 percent increase in cargo containers handled.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.


  • Von Tobel Cites Brass Textures Among Top Trends

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017


    September 2017


    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.