By Karen Robes Meeks
The Port of Oakland recently inked a 13-year lease with Shippers Transport Express, keeping the company on 32 acres at the Port’s Seaport Logistics Complex through 2032. The move is critical to the prompt handling of import cargo to domestic markets.
“Shippers Transport Express hauls 400 loaded import containers off the terminal every night,” pointed out Port of Oakland Maritime Director John Driscoll. "That frees up space at the terminal for additional cargo and makes it easy to collect those containers for delivery.”
By staging containers away from terminals, cargo pickup time is reduced significantly, from 75 minutes to 15 minutes or less, according to the port.
Rent for the Shippers Transport Express property will average $4 million annually. The port will invest $7 million toward paving the land for container parking.