Port of Oakland container volume up 3.6 percent in July 2018
Port of Oakland total container volume increased 3.6 percent in July. The Port said the rise over July 2017 totals was driven by an increase in empty container shipments to Asia, the company announces in its press release.
Import cargo volume declined 0.6 percent in July, the Port said. Exports were down 7.3 percent.
The Port said the increase in empty container volume may have resulted from strong import activity earlier in the summer. When import boxes are emptied, they must be returned to origin points to be reused for further cargo shipments to the U.S.
For all of 2018, Oakland’s total container volume – which measures imports, exports and empties, has increased 2.5 percent. The Port said it would establish a new full-year volume record, if the trend holds.
About the Port of Oakland
The Port of Oakland oversees the Oakland Seaport, Oakland International Airport, and nearly 20 miles of waterfront including Jack London Square. The Port's 5-year strategic plan - Growth with Care - pairs business expansion with community benefits, envisioning more jobs and economic stimulus as the Port grows. Together with its business partners, the Port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the United States.