Retailers Again Cut Forecasts for U.S. Imports as Global Trade Slows

As global trade continues to slow, its is impact the shipping industry as well as ports and related businesses. The effects are beginning to show in more forecasts with the National Retail Federation, for example, today lowering its projection for U.S. imports. While still forecasting a “healthy” and “positive” holiday retailing season in the United States, they foresee an accelerating decline in imports into 2023.

View entirety: The Maritime Executive