US import cargo volume is expected to rebound in July after a sharp spring drop but may decline again due to upcoming tariffs.
US ports handled 1.95 million TEU in May, down 11.8 per cent from April, as per the Global Port Tracker report.
Tariff uncertainty is hindering retailer planning, especially for small businesses.
Forecasts show YoY declines from Aug to Nov despite early holiday stockpiling.