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Import Cargo Volumes Face Headwinds From Tariffs and Increasing Fuel Prices
Import volume at major U.S. container ports is not being significantly affected by the conflict in Iran but ocean carriers are seeing a related increase in fuel costs that could eventually affect retailers and their customers, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Just because retailers don’t import a lot of merchandise from the Middle East doesn’t mean the U.S. supply chain isn’t affected by the turmoil there,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “The supply chain is global and disruptions anywhere along it can have ripple effects whether...
Import Cargo Volume Expected to Be Down in First Half of 2026, But Too Soon to Tell Impact from Iran
Imports at major U.S. container ports are expected to remain below last year’s levels for the first half of 2026 amid ongoing tariff uncertainty, but it is too soon to gauge the impact of the conflict in Iran, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“The Supreme Court has struck down IEEPA tariffs but other tariffs have already been announced and others will be coming, so uncertainty continues for retailers...
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