Friday, April 19, 2019

Oakland Volumes Increase

By Karen Robes Meeks

The Port of Oakland posted a 4.2 percent increase in cargo volumes in the first quarter of 2019.The port processed 612,151 TEUs compared to 587,356 TEUs in Q1 2018.

It moved 213,972 TEUs in March, a 10.7 percent jump from the 193,341 TEUs recorded the year before. Exports were up 7.6 percent compared to March 2018.

“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.”