Imports Rising as Threat of West Coast Ports Shutdown Looms
ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With cargo volume growing as the economy continues to recover, the last thing we need is a port shutdown that would bring billions of dollars of economic activity to a halt,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Whether it&rsquo
West Coast Port Slowdown Won't halt Holiday Goods
in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation’s major retail container ports is expected to continue to slow down this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers instituted costly contingency plans early on to ensure that holiday merchandise would be on the shelves or sitting in a warehouse ready to go,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “However, we are still hearing from retailers