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Monday, September 24, 2018

National Retail Federation News

US Holiday Imports Exceed Expectations

© Irina Logra / Adobe Stock

Imports at the United States’ major retail container ports saw an unexpected increase during the industry’s busy holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “We won’t see final sales numbers for a few more days, but import volume suggests that retailers had a strong holiday season,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. Ports covered by Global Port Tracker handled 1.64 million 20-foot equivalent units (TEU) in November…

Retail Imports Wind Down After End of Holiday Season

Jon Gold (Photo: NRF)

With the holiday season over, import cargo volume at major U.S. retail container ports is expected to slowly decline through the first quarter of the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “This is the time of year when the retail supply chain catches its breath before the next big rush begins,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. Ports covered by Global Port Tracker handled 1.48 million Twenty-Foot Equivalent Units in November…

Virginia Port Hits Record Volume at 65 mi TEUs

JOHN F. REINHART, CEO and Executive Director Photo Virginia Port

The Port of Virginia set a new annual record for container cargo volume having handled more than 2.65 million twenty-foot equivalent units, or TEUs, a 4.2 percent increase over last year’s total. In 2016, import and export volumes were up 6 percent and 2.6 percent, respectively, over the prior year. The port saw increases in TEUs, rail volume and total volume at Virginia Inland Port, the port’s growing intermodal ramp located in Front Royal. Further, Richmond Marine Terminal (RMT) had its most productive year since The Port of Virginia began leasing the facility in 2010.

Los Angeles Port sets Highest Western Hemisphere record

PORT OF LOS ANGELES 2016 CARGO VOLUMES BEST EVER FOR A WESTERN HEMISPHERE PORT Photo Port of Los Angeles

Cargo volumes at the Port of Los Angeles reached 8,856,782 Twenty-Foot Equivalent Units in 2016, marking the busiest year ever for a Western Hemisphere Port. The previous record was set in 2006, when the Port of Los Angeles handled 8,469,853 TEUs. “The Port of L.A. is America’s Port  — and we’re breaking records because we understand the importance of innovating and collaborating to move our economy forward,” said Mayor Eric Garcetti. The Port finished the year strong, with December volumes of 796,536 TEUs, a 27 percent increase compared to the same period last year.

US Container Imports to Hit Record: NRF

Graph: National Retail Federation

Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released  by the National Retail Federation (NRF) and Hackett Associates.“Consumers are buying more and that means retailers are importing more,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Imports continue to be the primary source of high-quality, mass-produced necessities at affordable prices and will be for the foreseeable future.

Retailers Call on Union and Ports for Long-Term Stability

Matt Shay (Photo: NRF)

The National Retail Federation called on the International Longshoremen’s Association and the U.S. Maritime Alliance to seek long-term stability at East Coast and Gulf Coast ports following last week’s strike at the Port of New York and New Jersey. “The threat of potential or ongoing labor disruptions will force retailers and other stakeholders to reevaluate supply chain options for their cargo,” NRF President and CEO Matthew Shay said. Shay’s comments came in a letter to union and port management executives following an unexpected January 29 strike that resulted in serious backups of cargo.

US Imports Growing in First Half of 2017

File photo: Port of Los Angeles

Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “This is very much in line with what we are forecasting for retail sales and consumer spending this year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers try to balance inventories very carefully with demand.

US Imports Rise Steady after 2015 Rollercoaster

File photo: Northwest Seaport Alliance

Import cargo volume at the United States’ major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Last year was a roller coaster but this year we’re expecting a nice, steady climb right through the summer,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

US Retail Import Patterns Still Uneven

File photo: Port of Los Angeles

Import cargo volume at the nation’s major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The unusual patterns seen last year in the aftermath of the West Coast ports slowdown are continuing to make valid year-over-year comparisons difficult,” said NRF Vice President for Supply Chain and Customs Policy, Jonathan Gold.

Long Beach Cargo Volumes Edge up in May

Photo: Port of Long Beach

Container cargo numbers improved slightly at the Port of Long Beach in May, rising 0.8 percent compared to the same month last year when the docks were still busily catching up after several months of congestion. With cargo volumes near all-time peak levels, May’s 640,566 TEUs qualified the month as the second-busiest May in the port’s 105-year history. Imports were up 1 percent to 330,639 TEUs, exports were up 2 percent to 138,594 TEUs, and empties were flat at 171,333 TEUs, off just 0.4 percent compared to the same month last year.

Retailers: Port Statistics Bill Would Help Avoid Repeat Slowdown

Photo: Port of Los Angeles

The National Retail Federation (NRF) and more than 100 other business groups called for passage of legislation that would require the Transportation Department to track port statistics, saying it could help avoid a repeat of the congestion and slowdowns that occurred along the West Coast during the labor dispute resolved earlier this year. “U.S. ports are a key component in the American transportation system and the global supply chain that thousands of businesses and millions of workers depend on,” the letter said.

July Surge Leads Long Beach to Record Volumes

Photo: Port of Long Beach

Cargo container volumes surged through the Port of Long Beach in July, with an 18.4 percent increase over the same month in 2014, making July a record month in the port’s 104-year history. Previously, the port’s best year was 2007, just before 2008’s recession. Now, after a slow start at the beginning of 2015, the gains in July mark the fourth time in the last five months that cargo totals have climbed significantly higher, the port said. The port’s terminals moved 690,244 twenty-foot equivalent container units (TEUs) in July, an increase of 18.4 percent compared to July 2014.

US Retail Imports Turn Toward Holiday Season

Port of Savannah (Photo: Georgia Ports Authority)

August should be the busiest month of the year for import cargo volume at the nation’s major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on holiday season merchandise. That’s according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates, which said cargo volume for 2016 should end the year with a 1.6 percent increase over last year. “Shoppers are right in the middle of buying back-to-school products but the retail supply chain is already preparing for the holiday season…

US Imports Climb Ahead of Holiday Season

Photo: Port of Los Angeles

Retailers eying the approaching holiday season is expected to spur a 1.2 percent increase in import cargo volume at the United States’ major retail container ports month over the same time last year as season, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “After supply chain worries earlier this year, inventories are plentiful this fall,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

Retailers Working to Minimize Disruption from Hanjin Bankruptcy

Photo: Hanjin Shipping

The National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold weighs in on this week’s bankruptcy filing by Hanjin Shipping. “Retailers’ main concern is that there is millions of dollars worth of merchandise that needs to be on store shelves that could be impacted by this. Some of it is sitting in Asia waiting to be loaded on ships, some is already aboard ships out on the ocean and some is sitting on U.S. “It is understandable that port terminal operators…

September US Retail Imports Strong

File photo: Port of Los Angeles

Import cargo volume at the US’ major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Hanjin should not significantly affect volume for the month since alternative arrangements to unload those containers or shift cargo elsewhere should be dealt with by the time the numbers are tallied,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

Hanjin Gets US Court Order, Cash to Unload Ships

File photo: Hanjin

A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. Bankruptcy Judge John Sherwood to issue an order that would prevent creditors from seizing Hanjin ships or property, and allow cargo owners to make arrangements to retrieve goods stranded in warehouses. Sherwood said he would sign the order later on Friday. Earlier, the company received authority to spend the money needed to dock at U.S.

One Hanjin Ship Cleared to Dock at U.S. Port

Port of Long Beach

A Hanjin Shipping Co container vessel idled off the coast of Mexico after the company's bankruptcy has received permission to dock and unload cargo at the Port of Long Beach, industry and union officials said Friday. Authorization for the Hanjin Greece to enter the port came after bankruptcy courts in the United States and South Korea cleared the way for the company to spend $10 million to unload cargo from four ships headed for ports on the U.S. West Coast. South Korea said it expects Hanjin Greece to start unloading cargo on Saturday morning U.S. time.

Retailers Well Stocked as Holidays Approach

Photo: Alex Sergienko

Import cargo volume at the nation’s major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The holidays are almost here, and retailers are ready,” said NRF Vice President for Supply Chain and Customs Policy Jonathan Gold. The cargo report comes a day after NRF forecast 3.7 percent growth in holiday sales this year over 2014.

Port of Long Beach Sees Best October in 8 Years

Photo: Port of Long Beach

The docks continued to be busy at the Port of Long Beach in October as cargo volume rose 6.3 percent compared to the same month last year, making for the best October in eight years, the port reported. The gains also come on the heels of the top quarter in the port’s 104-year history. Strong export growth of 6.5 percent in October buoyed the port’s overall numbers as shippers turned to the Port of Long Beach. A slight decline in imports indicated that retailers of clothing, electronics…

Holiday Merchandise Supply and Demand: ‘Final Balancing Act’

Jon Gold (Photo: NRF)

Import cargo volume at the United States' 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 today by the National Retail Federation and Hackett Associates. “The holiday season is well under way and merchants are doing the final balancing act of matching supply to demand,” said NRF Vice President for Supply Chain and Customs Policy Jonathan Gold.

Long Beach Sees another Month of Cargo Gains

Strong cargo volume continued at the Port of Long Beach in November with 6.6 percent growth in container trade over the same month last year. It was the fifth straight month of increases and enough cargo to rack up the second-busiest November in the Port’s 104-year history. A total of 619,699 TEUs, moved through the port last month, as imports were up 4.3 percent to 306,654 containers. Reflecting the strong U.S. dollar, exports fell 4 percent to 124,717 containers. Empties tallied 188,328 containers, a 19.5 percent increase over November 2015. Upcoming post-holiday sales planned by retailers across the country drove the port’s strong cargo numbers.

US Imports Up as Holiday Shopping Continues

© cvalle / Adobe Stock

Imports at the United States’ major retail container ports are expected to be up 3.2 percent this month over the same time last year as stores bring in the last of the merchandise for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “There’s still shopping to be done, and retailers are making sure the gifts that need to be under a tree are waiting on the shelves,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

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