Retail Container Traffic to Increase 3.2 Percent in April

Import cargo volume at the nation’s major retail container ports is expected to increase 3.2 percent in April compared with the same month last year, and year-over-year gains should continue through the summer, according to the monthly Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates. “Retailers are continuing to watch rising gas prices, but job gains and other indicators show the economy is strengthening,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “This should improve consumer confidence and lead to increased spending, so retailers are cautiously building up their inventories.”