Global Port Tracker: U.S. retail imports on the rise

Monthly retail imports are expected to grow to nearly 2 million TEUs in August, which would be the most since October, according to the monthly Global Port Tracker.

Monthly retail imports are expected to grow to nearly 2 million TEUs in August, which would be the most since October, according to the monthly Global Port Tracker.

U.S. retail imports are beginning to increase again as summer approaches and are forecast to nearly reach the 2 million-TEU mark by August, according to the monthly Global Port Tracker report released Monday by the National Retail Federation (NRF) and Hackett Associates.