OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
LEGAL ADVICE
FAST TIMES
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
PODCASTS
BUSINESS FORUM
RESOURCES
MARKET OVERVIEW
EXAM RESULTS
WEATHER
CLASSIFIEDS
TMT CSI
TMT DIGITAL EDITION
GAMES
TMT 125TH ANNIVERSARY
QUIZZES
Business > Foreign Business
US retailers rush holiday imports, fearing strikes and disruptions
By Reuters
Aug 10, 2024 12:05 am
Container imports and freight rates surged in July, signaling an earlier-than-usual peak season for the ocean shipping industry that handles about 80 percent of global trade.
July is expected to be the peak for US retailers, who account for about half of that trade, and August is expected to be almost as robust, analysts said.

Related Articles

China woes dent business sentiment

Why Fed rate cuts matter to world markets

Italy backs tariffs on Chinese electric cars

TikTok's US future hangs in the balance at federal court

China's economy softens in August

Boeing workers' strike could be extended

Bank of Canada open to more rate cuts