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Retail Import Growth Expected to Slow Significantly through Summer

Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The weak cargo increases expected over the next few months are consistent with other signs that the economy is slowly improving but show that retailers remain cautious…