Retail Import Surge Expected Through Summer

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The surge of imports at retail container ports that started last summer will continue through the summer, according to the monthly Global Port Tracker report released on April 7 by the National Retail Federation and Hackett Associates. “We’ve never seen imports at this high a level for such an extended period of time,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said in a statement. “Records have been broken multiple times and near-record numbers are happening almost every month. Between federal stimulus checks and money saved by staying home for the better part of a year, consumers have money in their pockets and they’re spending it with retailers as fast as retailers can stock their shelves.”

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