Core Insights - Rising tariffs in the United States are prompting retailers to adjust their import strategies, leading to a projected decline in container cargo volumes at major ports for the remainder of the year [1][3] - The Global Port Tracker report indicates that retailers accelerated shipments in anticipation of tariff increases, resulting in a significant peak in cargo volumes during the summer [2][5] Container Volume Trends - In July, ports handled 2.36 million Twenty-Foot Equivalent Units (TEU), reflecting a 20.1% increase from June and a 1.8% rise compared to July 2024 [2] - Forecasts predict a gradual decline in container volumes, with December expected to reach the lowest monthly total since March [2][5] Impact of Tariffs - New tariffs have disrupted traditional import patterns, with reciprocal tariffs on several countries taking effect in early August and an additional 25% tariff on India raising cumulative rates to 50% [3] - A planned increase in tariffs on China has been delayed until November to facilitate ongoing trade negotiations [3] Retailer Challenges - Tariffs are increasing costs for retailers and consumers, leading to higher prices for American consumers, as noted by Jonathan Gold from NRF [4] - Sector-specific tariffs are creating uncertainty for retail planning, particularly during the crucial holiday season [4] Future Projections - The first half of 2025 recorded 12.53 million TEU, a 3.6% year-over-year increase, but the full-year forecast of 24.7 million TEU represents a 3.4% decrease compared to 2024 [6] - Container volumes are expected to decline through the end of the year, with September projected at 2.12 million TEU, down 6.8% year-over-year, and December at 1.7 million TEU, a 20.1% decrease from December 2024 [5]

Moving the world of Commerce forward July 2025 Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements, including information about management's view of SPS Commerce's future expectations, plans and prospects, including our views regarding future execution within our business, the opportunity we see in the retail supply chain world, our positioning for the future, our future performance, and any statements about customers or the global economy and our ...