Import surge at major US container ports seen continuing through the summer

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Imports surge at major US container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. Records have been broken multiple times and near-record numbers are happening almost every month. Under the current forecast, volume is expected to remain at or above the 2 million TEU mark for 11 out of 13 months by this August. Before 2020, monthly imports had reached 2 million TEU only once, in October 2018, said a report.