With most holiday season merchandise already on its way to store shelves, import cargo volume at the nation’s major retail container ports has started to decline for the fall, and November is forecast at 1.9% below the same month last year, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.
U.S. containerized import volume fell 6% in September from the month before as surging shipping of auto parts was not enough to offset growing pessimism among retailers about consumer demand heading into the holidays, according to figures from The Journal of Commerce/PIERS.
A report released Friday by the Journal of Commerce/PIERS showed that U.S. toy imports dropped 9% year-over-year in September, as the country's retailers apparently chose caution heading into the 2011 holiday season.
A report released Tuesday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports is expected to increase 2.6% in October over the same month last year and should reach its highest level of the year as retailers stock up for the holiday season.
Global supply chain solution provider RedPrairie Corp. said that Sleepy’s, The Mattress Professionals has signed an agreement to use RedPrairie Warehouse Management, Workforce Management, Transportation Management and Fleet Management solutions for its distribution centers and delivery fleet of almost 400 vehicles.
Flooring retailer Lumber Liquidators said Friday it will acquire certain assets of Sequoia Floorings in order to strengthen its mill-direct relationships and shore up its long-term sourcing strategies.