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Pandemic's impact on imports easing, but volumes below last year's: NRF

THE impact of Covid-19 at major US retail container ports appears to be easing slightly, with projected imports remaining below last year's levels but not as much as previously forecast, according to the Global Port Tracker report released from the National Retail Federation (NRF) and Hackett Associates

10 June 2020 - 19:06

THE impact of Covid-19 at major US retail container ports appears to be easing slightly, with projected imports remaining below last year's levels but not as much as previously forecast, according to the Global Port Tracker report released from the National Retail Federation (NRF) and Hackett Associates.

'We're seeing are still below last year, but are better than what we expected a month ago,' said NRF vice president Jonathan Gold. 'Consumers want to get back to shopping, and as more people get back to work, retailers want to be sure their shelves are stocked.'



Said Hackett Associates founder Ben Hackett: 'Imports are erratic, with one month up and the next down. Getting 40 million people back to work will take time, especially with many fearful of catching the virus and staying home. That makes a rapid return to an economic boom unlikely.'


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