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Major container ports in the U.S. are expected to see the highest inbound cargo volume in nearly two years this summer, driven by increased consumer spending and retailers stocking up...
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Increased imports could be a good sign for the economy, indicating that retailers expect strong consumer spending to continue.
NRF and Hackett say consumers are spending and retailers are stocking up.
The Port of Los Angeles reported its ninth consecutive month of year-on-year growth, handling 770,337 container units in April 2024. This marks a 12% increase from the last year’s figures....
The peak season, with shipments heading in for fall and winter goods, will be the next focus for cargo watchers.