Top
image: Pixabay

NRF: US Imports Set Records ahead of New Tariffs

August 10, 2018

Imports at major retail container ports in the US have set two new records this summer and are expected to set another one this month on the back of a rise in retail sales as retailers rush to bring merchandise into the country ahead of the new tariffs on products from China.

According to a report by National Retail Federation and Hackett Associates, ports covered by Global Port Tracker handled 1.85 million TEUs in June. That was up 1.6 percent from May and up 7.8 percent year-over-year.

Read More on World Maritime News