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Port Of Oakland Import Volume Up 3rd Straight Month In 2020

Port Of Oakland Import Volume Up 3rd Straight Month In 2020 - Video

Port Of Oakland Import Volume Up 3rd Straight Month In 2020 Oakland, Calif. – Import cargo volume increased for the third consecutive month at the Port of Oakland in August. The Port said today that containerized import volume jumped 9 percent in August compared to 2019 totals. Exports were also up, 1.4 percent compared to August 2019. The Port said it’s encouraged by the rebound as it enters peak shipping season which runs from August to October. Peak season is when retailers get ready for the traditionally busy shopping months of November and December. “We remain cautious because as we have already seen, the coronavirus pandemic has created lots of uncertainty,” said Port of Oakland Maritime Director Bryan Brandes. “We’re waiting to see how COVID-19 will affect our retail partners.” The Port attributed the boost in imports to U.S. retailers restocking their dwindling inventories. Shipments include pandemic-related items such as e-commerce goods, medical equipment and personal protective equipment. The Port said the gain in August exports was due to fruit and beverage shipments doing slightly better compared to August 2019. The Port said its year-to-date total cargo volume is down 5 percent from 2019. That’s due primarily to a 25.3 percent drop in shipments of empty cargo containers back to origin destinations. About the Port of Oakland The Port of Oakland oversees the Oakland Seaport, Oakland International Airport, and nearly 20 miles of waterfront including Jack London Square. The Port's 5-year strategic plan - Growth with Care - pairs business expansion with community benefits, envisioning more jobs and economic stimulus as the Port grows. Together with its business partners, the Port supports more than 84,000 jobs. Connect with the Port of Oakland and Oakland International Airport through Facebook, or with the Port on Twitter, YouTube, and at www.portofoakland.com.
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