Surge in containerised imports into the US seen in 1st half of 2021

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According to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, imports at the largest US container ports are expected to grow dramatically during the first half of 2021, particularly in comparison with last years disrupted market. The latest financial stimulus effort approved by the US Senate has set the stage for a further rise in consumer spending in the coming months, a move that freight forwarders expect to further boost freight imports.

The NRF is forecasting record retail sales growth in 2021, as retailers are importing huge amounts of merchandise to meet the demand. The supply chain slowdown generally seen after the holiday season never really happened this winter, and imports are already starting to grow again, said a report.