Latest Shipping Data Reveals That Mid-Range Retail is the New Consumer Price Sweet Spot
CNBC
May 17, 2024
Lori Ann LaRocco
Based on U.S. port import volumes, more trade is coming in and also filtering back to the West Coast.
As a result of the West Coast push, Paul Brashier, vice president for enterprise accounts at ITS Logistics tells CNBC it is already starting to see congestion manifest at terminals at the Port of Los Angeles handling freight bound for the interior of the U.S. through the inland point intermodal rail.
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