Import volumes at the nation’s major container ports could be higher than previously expected for the remainder of this year as retailers face another potential East Coast/Gulf Coast port strike and tariff increases.
Florida has 16 ports, including the 10 that handle cargo. The just released annual Seaport Mission Plan by the Florida Ports Council outlines more than $5 billion in capital improvements projects over the next five years focused on dock rehabilitation, port capacity and congestion relief.
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report just released by the National Retail Federation and Hackett Associates.