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Retail container traffic to rise 2.6% in October
HTT Staff -- Home Textiles Today, 10/19/2011 2:18:50 PM
Washington - Import cargo traffic in October, typically the peak month of the year, is forecasted to increase 2.6% this month, according to the Global Port Tracker report.
The report, compiles by Hackette Associates for the National Retail Federation, said year-over-year growth in September was weak as some shipping shifted into the summer months.
"After a summer of trying to compare apples to oranges, retail cargo is back to normal," said NRF vp for supply chain and customers policy Jonathan Gold.
Total container traffic for 2011 is expected to rise 1.8% compared to 2010 and 16% compared to 2009.
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