NRF: Retail Container Traffic Expected to Increase
August 14, 2012
According to the National Retail Federation's (NRF) monthly Global Port Tracker report, produced by Hackett Associates, import cargo volume at the nation’s major retail container ports is expected to increase 6.3 percent in August, compared with the same month last year.
U.S. ports followed by the report handled 1.41 million Twenty-foot Equivalent Units (TEU) in June—that was up 4.7 percent from May and 10.7 percent from June 2011. One TEU is one 20-ft. cargo container or its equivalent. August is forecasted at 1.44 million TEU, up 6.3 percent; September at 1.46 million TEU, up 7.3 percent; October at 1.47 million TEU, up 13.2 percent; November at 1.3 million TEU, up 2.4 percent; and December at 1.23 million TEU, up 2.4 percent.