Retailers’ stocks slow US imports
Major US ports handled 1.96m teu of imports in August, the NRF says, falling short of its earlier projections, with retailers ‘well-situated’ to meet consumer demand
US imports likely to remain below 2m teu for the following months and remainder of the year. Retailers have stocked up early as a precaution against labour issues, the US National Retail Federation says, while economic uncertainty is slowing discretionary spending growth