Retail cargo traffic declines
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WASHINGTON — A report released Tuesday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports has started to decline for the fall, and November is forecast at 1.9% below the same month last year. The decrease is attributed to the fact that most retailers already have their holiday season merchandise either on their shelves or en route to their stores. “As always, retailers are being very strategic with their supply chains,” said Jonathan Gold, VP supply chain and customs policy for the NRF. “Although sales are expected to
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