August 10, 2020 1:35PM ET

2020 US Cargo Imports Will Reach 4-Year Low Due to Covid: NRF

U.S. ports covered by Global Port Tracker are anticipated to handle a total of 19.6 million Twenty-Foot Equivalent Units (TEUs) in 2020, a drop of 9.4 percent from last year and the lowest annual total since the 19.1 million TEU handled in 2016. — CREDIT: Kalyakan/Adobe Stock

Imports at major U.S. retail container ports during 2020 will hit their lowest total in four years due to the impact of the COVID-19 pandemic, according to the latest Global Port Tracker report released by the National Retail Federation (NRF) and consulting firm Hackett Associates. U.S. ports covered by Global Port Tracker are anticipated to…

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