Oakland Betters Peak Season Cargo Volume Record

MLP
Wednesday, October 10, 2018

A record-breaking peak season continues at the Port of Oakland. The Port said that last month was the busiest September for import cargo in its 91-year history. That followed another all-time record in August.

The port said it has handled the equivalent of 168,289 20-foot loaded import containers in the past two months. That breaks the previous August-September record of 158,320 20-foot loaded import containers set back in 2006. One more month of import growth could give Oakland its busiest peak season in port history.

The port reported that import volume increased 5 percent last month over September 2017 totals. August 2018 imports were up 9.2 percent compared to the same month last year, the port added. Continued strength in the U.S. economy, spurred by consumer spending, is driving the import surge, the port said.

While it’s too soon to project the impact of 2018 tariff increases on cargo from China, tariffs could affect $2 billion in imported goods, the port said.
Total container volume, which includes imports, exports and empty containers, is up 3.4 percent this year, the port reported. If the trend holds, Oakland would break its all-time total volume record established in 2017.

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