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US are expected to grow dramatically during the first half (H1) of 2021 as increased vaccination and continued in-store safety measures enable additional shopping options, according to the latest monthly Global Port Tracker report released by the
“NRF is forecasting what could turn out to be record retail sales growth in 2021, and retailers are importing huge amounts of merchandise to meet the demand,” NRF vice president for Supply Chain and Customs Policy Jonathan Gold said. “The supply chain slowdown we usually see after the holiday season never really happened this winter, and imports are already starting to grow again. Consumers haven’t let the pandemic stop them from shopping, and retailers are making sure their customers can find what they want and find it safely.”
SOURCE / INSIGHT
China-Europe freight train steady pillar for cross-border transport in hard times By GT staff reporters Published: Mar 08, 2021 06:12 PM
China-EU freight train, carrying juice, plastic products and daily necessities, pulls out of the station at Xi an, Northwest China s Shaanxi Province, heading to Khorgas in Northwest China s Xinjiang Uygur Autonomous Region on February 22. Photo: cnsphoto
Driven by a resilient global demand for Chinese goods ranging from personal protective equipment (PPE) to home appliances, China-Europe freight trains, which have become a pillar for the trade for countries along the Belt and Road when other transports were disrupted by the COVID-19 outbreak, have seen record growth in the early two months of the year.
March 8, 2021
WASHINGTON March 6, 2021 Imports at the nation’s largest retail container ports are expected to grow dramatically during the first half of 2021 as increased vaccination and continued in-store safety measures enable additional shopping options, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates.
“NRF is forecasting what could turn out to be record retail sales growth in 2021, and retailers are importing huge amounts of merchandise to meet the demand,” said NRF Vice President for Supply Chain and Customs Policy Jonathan Gold. “The supply chain slowdown we usually see after the holiday season never really happened this winter, and imports are already starting to grow again. Consumers haven’t let the pandemic stop them from shopping, and retailers are making sure their customers can find what they want and find it safely.”
SGR cargo volume jumps 28 percent
Tuesday March 09 2021
The efficacy and impact of the entire SGR can only be seen and felt through cargo transport. FILE PHOTO | NMG
By BONFACE OTIENO
Summary
Kenya Railways Corporation (KRC) said Monday that 23,040 Twenty-foot Equivalent Units (TEUs) of cargo was carried on the SGR in February 2021, up from 17,974 TEUs moved in February 2020.
Last month’s performance translates into an average of 8.2 trains carrying over 800 TEUs per day (230 trains), against some 210 freight carrying trains that were reported to have made the trip in February, 2020.
The volume of cargo transported on the standard gauge railway (SGR) went up 28 percent in February 2021 compared to a similar period last year, mainly on the introduction of double-stack railing.