Retail imports at the United States’ largest container ports are expected to set new monthly records into the summer as the nation’s economy continues to recover from the pandemic, according to new forecasts from the National Retail Federation.
U.S. ports covered by the NRF’s Global Port Tracker are projected to handle 2.08 million TEU, which would be up 14.6 percent over the same month last year and the busiest January since NRF began tracking imports in 2002.
The forecast comes after months of surging consumer demand. In December, the latest month for which final numbers are available, ports handled 2.11 million Twenty-Foot Equivalent Units, up 0.2 percent from November and up 22.3 percent year-over-year.
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Why Peter Dutton has questions to answer over grants
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February 11, 2021 6.31pm
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Liberal ministers talked a big game when they took power in September 2013 and promised to toughen the test on how they would spend taxpayers’ cash. Weeks after being sworn in, Tony Abbott and his cabinet halted about $3 billion in annual grants while they checked where the money was going.
No response: the Minister for Home Affairs, Peter Dutton.
Credit: Alex Ellinghausen
“We have started a process of scrutinising more rigorously all of the discretionary grants spending across government,” said Mathias Cormann, finance minister at the time. He booked an immediate saving of $975 million.