Port of Oakland: Cargo Volume @ All-time High in 2018

Posted by Michelle Howard
Tuesday, January 15, 2019

Port of Oakland container volume reached an all-time high in 2018, according to data released. 

The Port said it handled the equivalent of 2.55 million 20-foot containers last year. That was up 5.2 percent from 2017 volume. It was the second straight year of record volume in Oakland, the Port said.

According to Port figures, 2018 import cargo volume increased 5 percent while exports declined 3.5 percent. The volume of empty containers returned to origin destinations for future import loads increased 19.7 percent.

The Port said multiple influences were at work in 2018 shaping cargo flows, including:

• A China-U.S. trade dispute that prompted shippers to accelerate import orders ahead of anticipated tariffs;

• A strong dollar that made U.S. exports costlier overseas; and

• A buildup of empty containers in the U.S. that required repositioning to Asia because of the import surge.

Categories: People & Company News Ports Intermodal

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