-
Report: West Coast ports running at 50%-60% of capacity; retailers stockpile inventory
Los Angeles -- The 29 West Coast ports, which handle 44% of container cargo in the U.S., are currently running at approximately 50-60% capacity, according to a report released Thursday by CBRE Group, the world’s largest commercial real estate services and investment firm. Five of the ports — Los Angeles, Long Beach, Oakland, Tacoma and Seattle — are among the top 10 largest and busiest ports (by total TEU volume) in the United States.
-
CIT: Electronics, furniture look strong in 2015; mixed outlook for apparel
New York -- The consumer electronics and furniture sectors of the retail industry can look forward to growth in 2015, while the apparel sector faces a more mixed outlook. That was the message sounded by CIT Commercial Services executives during a roundtable discussion, "Everyone Looks Good in the Black: Retailers in the Economic Rebound,” part of the CIT Executive Insights series.
During the discussion, each CIT executive offered their views on the top trends they see ahead in various sectors of the retail market:

