Retail Import Volume Sinks to 5-Year Low

Volume for April was estimated at 1.04 million TEU, down 18 percent from a year earlier, and May is forecast at 1.06 million TEU, down 19 percent from last year. June is forecast at 1.09 million TEU, down 16 percent; July at 1.12 million TEU, down 15 percent; August at 1.15 million TEU, down 15.8 percent; and September at 1.13 million TEU, down 17 percent.