Import cargo volume at the nation's major retail container ports is expected to be essentially unchanged from last year this month as stores bring in the last round of merchandise for the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
U.S. vessel imports are down 5 percent from January but up 15 percent from February of 2012, even with one less day this year. The total twenty-foot-container (TEU) count was over 1.4 million and total shipments were over 720,000. February imports have not reached this level for four years, which is a similar stat to what we saw in January. It appears that import levels are indeed reverting back to the numbers seen before the recession.