Articles Archive for February 2010
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…But what about the slowing global market?
First the good news: According to a recent report, import volume at the nation’s major container ports will be up 25% (or more) in the first half of 2010. Last month saw an estimated 17% jump in TEUs in U.S. ports; this month is projected to have a 30% increase — and according to some people the future looks even better:
“This forecast assumes that we are not in a double-dip recession and that a recovery is underway. Although 2009 saw decreased import activity levels, the forecast for 2010 points towards growth,” says Ben Hackett, founder of Hackett Associates, which performed the analysis along with the National Retail Federation.
