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Retail container traffic to decline in November
Washington, D.C. -- With most holiday season merchandise already on its way to store shelves, import cargo volume at the nation’s major retail container ports has started to decline for the fall, and November is forecast at 1.9% below the same month last year, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.
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Retail cargo traffic declines
WASHINGTON — A report released Tuesday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports has started to decline for the fall, and November is forecast at 1.9% below the same month last year.
The decrease is attributed to the fact that most retailers already have their holiday season merchandise either on their shelves or en route to their stores.