BIMCO’s Shipping number of the week: 2% US retail sales growth outperforms China and boosts transpacific trade

A strong comeback in US retail sales has replaced the 14.7% drop seen in April. In fact, US retail sales have been up since June compared with the same months last year, and only three months this year have seen lower retail sales than the corresponding months in 2019. Over the first three quarters of …

The post BIMCO’s Shipping number of the week: 2% US retail sales growth outperforms China and boosts transpacific trade first appeared on Hellenic Shipping News Worldwide.

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