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Retail container traffic rises 8 percent in January

from Material Handling & Logistics

Import cargo volume at the nation's major retail container ports is expected to be up 8 percent in January 2011 over the same month last year, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates. "While the economy clearly began to recover in 2010 and drove up cargo volume as retail sales improved, maintaining that momentum in 2011 could be difficult," says Jonathan Gold, vice president for supply chain and customs policy with NRF. "Consumers faced with continued high unemployment are expected to focus more on necessities than discretionary spending. Retailers will continue to carefully gauge consumer demand and adjust import levels accordingly." more

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