Retailers, consumers and prices
The numbers could rise year-over-year in February, for the first increase in more than two years, according to the monthly Port Tracker report released by the National Retail Federation (NRF) and IHS Global Insight.
“This could be the turnaround we’ve been waiting to see for a long time,” NRF Vice President Jonathan Gold said in a statement. “There’s not enough data yet to establish a clear trend, but we’re hopeful that this is a sign of recovery.”
U.S. ports surveyed handled 1.14 million Twenty-foot Equivalent Units (TEU) in September, the most-recent month for which actual numbers are available. That was down 3 percent from August and 16 percent from September 2008.