Tuesday, January 21, 2020

Empties Led to Dip in 2019 Cargo Volume at Port of Oakland

By Karen Robes Meeks

The Port of Oakland moved 1.8 percent fewer containers in 2019 handling 2.5 million TEUs last year compared to 2.55 million TEUs the year before, according to latest numbers released Friday.

A 13 percent decrease in empty containers is part of the reason for the lower overall number. Still, the port posted record import and export numbers.

According to the port, exports rose by 3.7 percent – thanks to new markets demand for US agricultural goods – and imports by 1 percent in 2019, resulting in 1.9 million loaded TEUs, breaking the 2018 record of 1.86 million TEUs.

“We’re encouraged that our loaded imports and exports set annual records,” said Port of Oakland Maritime Director John Driscoll. “We are looking to improve on this cargo performance in the coming year, especially if the US and China can continue to break down trade barriers.”