Port of Oakland Volume at All-Time High in 2018

ContainersIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Container volume at the Port of Oakland reached an all-time high in 2018, handling 2.55 million TEU during the year.

The number represents an increase of 5.2 percent from 2017 volume, and is the second straight year of record volume in Oakland, the port said.

Port figures show that import cargo volume increased by 5 percent, while exports declined 3.5 percent. The volume of empty containers returned to origin destinations for future import loads increased 19.7 percent.

“Last year was the busiest one ever at the port for a variety of reasons,” John Driscoll, Port of Oakland Maritime Director, said.

Multiple influences were at work in 2018 shaping cargo flows, including the trade dispute between China and US that prompted shippers to accelerate import orders ahead of anticipated tariffs, a strong dollar that made US exports costlier overseas, and a buildup of empty containers in the US that required repositioning to Asia because of the import surge.

“Our objective now is to build on this performance to grow import and export volume,” Driscoll concluded.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
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

Offshore Energy Exhibition and Conference (OEEC) 2020

The three-day event includes an exhibition where an expected 600+ supply chain companies…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >