Export Rally Continues at Port of Oakland

Image Courtesy: Port of Oakland

Californian Port of Oakland said that November was the third straight month of double-digit growth of export container volumes, with exports having risen for the 10th time this year. 

Containerized export volume increased 11.5 percent in November from the same period last year, the port said.

The port added that exports are surging despite a strengthening dollar that makes American products more expensive overseas.

“If you listen to conventional wisdom, exports should be facing headwinds. But the clamor overseas for high-quality American commodities hasn’t peaked, so our volumes keep climbing,” John Driscoll, Port of Oakland’s Maritime Director, said.

The Port of Oakland said it shipped the equivalent of 85,915 TEU export containers last month. That was the second-highest total of 2016.

Through 11 months of 2016, Oakland export volumes went up 10.3 percent and containerized imports rose 4.5 percent.

Total loaded container volumes have increased 7.4 percent, according to the port.

Exports have accounted for 52 percent of Oakland’s loaded cargo volume in 2016 and imports for the other 48 percent.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Green Ship Technology North America

Survival of the fittest in maritime: Make smart investments, ensure you are compliant, future proof your fleet…

read more >

FCCA Cruise Conference & Trade Show

The ​FCCA ​Conference ​is ​a four-day ​event ​designed ​to ​foster ​a ​better ​understanding ​of ​the ​inner ​workings ​of ​the ​cruise…

read more >

Bulk Liquid Storage Europe 2017

The event will cover current key challenges and issues faced by the industry and provide in depth discussions and analysis of today`s…

read more >

3RD ANNUAL GENERAL AVERAGE SEMINAR

ATTEND THIS SEMINAR TO:
– Get up to speed on the revisions to the York-Antwerp Rules 2016…

read more >