NRF Q2 Forecast –

In their monthly Global Port Tracker report, the National Retail Federation is predicting Q2 to see a dip in imports as tariff challenges and high inventory levels remain. Per a Journal of Commerce article, which references NRF’s GPT, March import projections remain the same, while April volumes are forecasted at 2.18 million TEUs.

Furthermore, NRF released their February Retail Monitor report that shows retail spending in February has declined on a monthly basis, but has seen growth year-over-year.

U.S. Container Imports in February –

Last month, U.S. container imports saw a dip (10%) from January, according to Descartes data, but increased 4.7% from March of last year. Not entirely unexpected, as February is a shorter month from January, along with Chinese New Year.