News / Global Logistics

Retail Imports Slow Down from Peak but Remain Strong Ahead of Tariff Increase

Source: National Retail Federation

Imports at the nation’s major retail container ports have slowed down from their pre-holiday peak but remain at unusually high levels as retailers continue bringing in merchandise before tariffs increase in January, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Imports have usually dropped off significantly by this time of year but we’re still seeing numbers that could have set records in the past,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Part of this is driven by consumer demand in the strong economy but retailers also know that tariffs on the latest round of goods are set to more than double in just a few weeks. If there are shipments that can be moved up, it makes sense to do that before the price goes up.”

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Transpacific General Rate Increases (GRI) and Peak Season Surcharges (PSS)

The following are the announced levels for upcoming General Rate Increases (GRI) and Peak Season Surcharges (PSS) from carriers.

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With Supply Chains Difficult to Change, Retail Imports Remain Strong after Latest Round of Tariffs

Source: National Retail Federation

Imports at the nation’s major retail container ports are expected to remain at near-record levels this month despite a new round of tariffs that took effect in September, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers are continuing to import merchandise in order to meet consumer demand even though tariffs are now in place on roughly half the goods imported from China and the trade war is still escalating,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers are doing their best to mitigate the impact on their customers, but they are not able to quickly or easily change their sourcing. That means these tariffs will eventually mean higher prices for American consumers.”

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Transpacific General Rate Increases (GRI) and Peak Season Surcharges (PSS)

The following are the announced levels for upcoming General Rate Increases (GRI) and Peak Season Surcharges (PSS) from carriers.

Read More


Tariff “Wild Card” Threatens Retail Imports

Source: National Retail Federation – September 10, 2018

With retail sales continuing to grow, imports at the nation’s major retail container ports are expected to remain strong this month after setting three new records this summer, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“More tariffs could come any day, and retailers have been bringing in record amounts of merchandise ahead of that in order to mitigate the impact on their customers,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retail sales are growing stronger than expected this year thanks to tax cuts and job creation, but tariffs are the wild card that threaten to throw away a significant portion of those benefits.”

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tpeb chart

Transpacific General Rate Increases (GRI) and Peak Season Surcharges (PSS) – August 30 Update

The following are the announced levels for upcoming General Rate Increases (GRI) and Peak Season Surcharges (PSS) from carriers. Includes announced GRI effective October 15, 2018.

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Transpacific General Rate Increases (GRI) and Peak Season Surcharges (PSS)

The following are the announced levels for upcoming General Rate Increases (GRI) and Peak Season Surcharges (PSS) from carriers.

Read More


nrf chart

Retail Imports Set Multiple New Records Ahead of Tariffs

Source: National Retail Federation

With retail sales rising and retailers rushing to bring merchandise into the country ahead of proposed new tariffs on products from China, imports at the nation’s major retail container ports have set two new records this summer and are expected to set another this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Tariffs on most consumer products have yet to take effect but retailers appear to be getting prepared before that can happen,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We’re seeing new record levels every month this summer. Much of that is to meet consumer demand as tax reform and a thriving economy drive retail sales, but part of it seems to be concern over what’s to come. The good news for consumers is that avoiding tariffs holds off price increases that will inevitably come if the reckless and misguided trade war is allowed to continue.”

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Transpacific General Rate Increases (GRI) and Peak Season Surcharges (PSS)

The following announced levels from carriers are for upcoming General Rate Increases (GRI) and Peak Season Surcharges (PSS).

Read More


Retail Imports to Set New Record this Month as Consumers Spend and Tariffs Take Effect

Source: National Retail Federation

Driven by increasing consumer demand and rising retail sales, imports at the nation’s major retail container ports are expected to set a new record this month even though new tariffs on goods from China just took effect, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers cannot easily or quickly change their global supply chains, so imports from China and elsewhere are expected to continue to grow for the foreseeable future,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “As tariffs begin to hit imported consumer goods or the parts and equipment needed to produce U.S. goods, these hidden taxes will mean higher prices for Americans rather than significant changes to international trade.”

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