Early Positive Sign

Posted 14 years ago

December and early 2010 stats are encouraging.,  After 2 1/2 years, container imports saw an increase in December according to the Port Tracker.  And this trend should continue in 2010 as retail stores expect sales to improve.  "The US economy is experiencing positive growth, with imports on the rise as a result of re-stocking and a rising consumer demand", Brian Hackett from Hackett Associates said.

Early evidence of this trend can be found in the trucking and shipping industry.  Truckload demand rose in early 2010 with little sign of a post-holiday downturn, according to Morgan Stanley.  Meanwhile NYK Line says it is seeing stronger trans-Pacific demand than expected.