U.S. inbound volume forecast to grow 10% in October

Markets

Wednesday, October 10, 2012

Import cargo volume at the nation’s major retail container ports is expected to increase nearly 10 percent year-on-year in October as merchants wrap up the annual shipping cycle for holiday merchandise, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates. “NRF’s annual forecast says retailers should see solid growth during the holiday season this year and these cargo numbers back it up,” NRF Vice President fo...

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