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Port of Oakland reports positive first quarter

Port of Oakland Maritime Director John Driscoll

Posted on April 17, 2019

March container volume up 10 percent compared to same month last year

Oakland, Calif. – The Port of Oakland today reported a positive first quarter in its cargo volume. Through the end of March 2019, the Port handled 612,151 twenty foot-long containers compared to 587,356 during the same period in 2018. That represents a 4.2 percent increase.

There has been some concern in the shipping industry that a recent import surge has cooled. The surge was caused by shippers last year trying to get ahead of possible new tariffs affecting U.S.-China trade.

“Though the import rally has calmed down, we are still seeing a strong consumer demand in Northern California and Western Nevada,” said Port of Oakland Maritime Director John Driscoll. “The Bay Area’s strong consumer-based economy has helped the Port of Oakland absorb the impact of the weakening rally better than other ports.”

Read more: California ports issue final clean trucks assessment

The Port last month handled 213,972 twenty-foot containers compared to 193,341 in March 2018. That represents at 10.7 percent increase. Loaded exports also grew 7.6 percent last month compared to March 2018.

Source: ajot.com

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