September Brings a 14% Increase in Imports Amid East Coast Port Strike Preparations
Tuesday, 10 September 2024, 09:38
September Import Bump Overview
The month of September is poised for a 14% increase in imports as retailers gear up for the holiday season. NRF's supply chain VP, Jonathan Gold, highlights the critical need for operational readiness across all ports.
Importance of Port Capacity
- Every port must operate at full capacity to meet rising consumer demand.
- The potential East Coast strike poses a significant risk to supply chains.
- Retailers are actively preparing for possible disruptions.
Market Preparedness Strategies
- Assess supply chain vulnerabilities.
- Implement contingency plans.
- Engage with logistics partners for alternative solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.