Uptick in container volumes forecasted

Markets

Wednesday, November 14, 2012

Import cargo volume at the nation’s 12 major retail container ports is expected to total 1.37 million TEUs in November, 5.9 percent more than in same month last year, despite the temporary closure of some ports by Hurricane Sandy, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. “Sandy certainly caused major problems that are still being cleaned up, but retailers managed to get their cargo into the country and wi...

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