Friday, December 13, 2019

Oakland Trade Rises

By Karen Robes Meeks

At the Port of Oakland, exports rose 5.8 percent to 81,781 TEUs in November compared to the same period a year ago, while import volume fell 7.2 percent to 77,350 TEUs, according to statistics released Tuesday.

The port attributes the increased export numbers to “increased overseas demand – primarily in Asia – for US goods perceived to have high quality. It singled out American-produced farm goods, as an example.”

Meanwhile, the import numbers reflect last year’s rush by shippers to quickly move cargo ahead of tariff hikes.

Total cargo volume dipped 0.8 percent through the first 11 months of the year mainly because of the 10.5 percent decrease in empty container movement, according to the port.