Reported about 20 hours ago
Retailers forecast elevated container volumes at U.S. ports for January 2025, driven by import stockpiling amid potential labor disruptions and tariff threats. November saw 2.17 million TEUs processed, a 14.7% year-on-year increase despite a 3.2% decline from October. December is projected to reach 2.24 million TEUs, marking a 19.2% rise year-on-year. The recently secured labor agreement has alleviated fears of a strike, prompting retailers to advance their spring inventory to mitigate potential disruptions.
Source: YAHOO