We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » U.S. sea imports seen up 5.1 percent in September, driven by boost in retailer restocking
newsworthy

U.S. sea imports seen up 5.1 percent in September, driven by boost in retailer restocking

September 10, 2013
DC Velocity Staff
No Comments

Import volume at the nation's major retail container ports is expected to grow 5.1 percent in September over the same month last year as retailers head into the holiday season, according to the monthly "Global Port Tracker" report released yesterday by the National Retail Federation (NRF) and consultancy Hackett Associates.

"Retailers are making up for the slow imports seen earlier in the year," Jonathan Gold, NRF vice president for supply chain and customs policy, said in a statement. "It's too early to predict holiday sales, but merchants are clearly stocking up."

The U.S. ports followed by Global Port Tracker handled 1.43 million 20-foot equivalent units (TEU) in July, the latest month for which actual data is available. That was a 5.4-percent increase over June and 1.1-percent increase over July 2012. The increase in July follows year-over-year declines for three of the four previous months.

Global Port Tracker estimates that August saw 1.48 million TEUs, up 4.1 percent from last year. September is also forecasted at 1.48 million TEU, up 5.1 percent from last year; October at 1.46 million TEU, up 9 percent from last year; November at 1.31 million TEU, up 2.2 percent; and December at 1.3 million TEU, up 0.7 percent. January 2014 is forecast at 1.33 million TEU, up 1.9 percent from January 2013.

The report forecasts that the total shipments for 2013 will be 16.2 million TEU, up 2.5 percent from 2012's 15.8 million TEU. The first six months of 2013 totaled 7.8 million TEU, up 1.2 percent from the first half of 2012.

Cargo import numbers do not correlate directly with retail sales or employment because they count only the number of cargo containers brought into the country, not the value of the merchandise inside them. But the amount of imported merchandise is seen as providing an accurate window into retailers' expectations.

"The U.S. economy is on the road to sustained growth," said Ben Hackett, founder of Hackett Associates, in a statement. "Second-quarter gross domestic product was well above expectations and surprised most forecasters, the unemployment picture is improving, and we believe consumer confidence will translate into increased sales during the fourth quarter."

Global Port Tracker, which is produced for NRF by Hackett Associates, covers the U.S. ports of Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Hampton Roads, Charleston, Savannah, Port Everglades, and Miami on the East Coast; and Houston on the Gulf Coast.

The report is free to NRF retail members, and subscription information is available at www.nrf.com/PortTracker or by calling (202) 783-7971.

Transportation Maritime & Ocean Global Logistics
KEYWORDS Hackett Associates National Retail Federation
  • Related Articles

    Sea container imports seen growing 7 percent in 2017, NRF-Hackett report says

    Sea container imports seen better than expected in holiday period, report says

    Sea container imports expected to grow 4.9 percent in first half of 2018, NRF-Hackett report says

Recent Articles by DC Velocity Staff

ATA cheers court ruling upholding looser hours of service caps

Carry (or at least measure) that weight

December cargo volume up in Houston, Oakland

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Cold chain giant Lineage Logistics buys its own rail operator

  • For container lines and ports, what a difference a year makes

  • Outlook 2021: What’s in store for logistics supply chain?

  • Capacity challenges will continue in 2021

  • Shippers brace for tight capacity trend to continue in 2021

Now Playing on DCV-TV

Jlt procure rugged devices thumb

What it takes to procure the right rugged devices for your warehouse

DCV-TV 4: Viewer Contributed
Procuring new rugged devices for your warehouse is often a big decision and a significant investment. It needs careful planning and consideration. It involves more than ticking boxes on a spec sheet. It includes testing and getting employee buy in. And it's about finding a partner that can work with you to deploy...

FEATURED WHITE PAPERS

  • Proven Benefits: A Compendium of Slotting Optimization Success Snapshots

  • Bridging Information Gaps in Dock and Yard Operations

  • How Intelligent Sensor Solutions Turn Data Into Action

  • Order picking Solutions: Understanding Your Options

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing