Forecast: import container volumes will remain “well below” last year’s levels through the fall
NRF and Hackett report predicts that imports will remain low until inflation rates and inventory surpluses are reduced.
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Items Tagged with 'NRF - National Retail Federation'
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Container imports begin modest recovery from February low point
Retailers are holding reduced inventories as they hope that consumer spending continues, NRF and Hackett say.
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Cargo imports forecast to sink near three-year low in February
NRF and Hackett report shows 2022 import levels sputter to a slow flow after breaking monthly records in the first half of the year.
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Ocean imports dip below 2 million TEU mark for November as commerce cools off
NRF says pandemic-driven shipping surge has come to an end, as inflation slowly subsides from 40-year high.
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Inflation drops again as interest rate hikes hit home, NRF says
Conditions may or may not hit technical definition of recession in 2023, but economic growth continues to slow down regardless.
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NRF survey: shopping returns rate persists at 16.5%
Retailers continue to accept returned goods in pursuit of consumer loyalty despite cost, fraud.
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Senate passes bill to avert rail strike
President Biden to sign the measure into law, imposing a tentative labor agreement that was reached in September but was rejected by some labor unions.
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House passes bill to avoid freight rail strike
Industry leaders urge Senate passage of the bill ahead of potentially disastrous December 9 work stoppage.
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NRF: Strong consumer fundamentals counter inflation, interest rates in holiday forecast
Retail group forecasts healthy holiday sales, notes that economy is holding together “better than may have been expected.”
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Labor department proposes new rule on independent contractors
In a move that could affect trucking, delivery, and other industries, DOL aims to rescind 2021 Independent Contractor Rule.
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