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Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.
“These numbers are an indication that the economy is recovering and retailers are expecting continued increases in sales through the summer and beyond,” NRF VP for supply chain and customs policy Jonathan Gold said. “There are challenges ahead from rising prices for gasoline and other essentials, but inventories are under control and retailers are optimistic.”