February 20, 2018 10:15 AM, EST
Port of Oakland Volumes Rise 4.3% in January
Numbers Propelled by Strength of Exports to Asia
Port of Oakland Port of Oakland/Flickr

Container traffic at the Port of Oakland rose 4.3% year-over-year in January to 205,841 industry-standard twenty-foot-equivalent units, or TEUs, with positive turnaround in the export market.

Loaded exports grew 2.1% to 74,883, including a 20% jump in pork business and an 18% rise in beef shipments.

“The Port of Oakland and its maritime partners have made key investments to increase refrigerated exports,” said Port of Oakland Maritime Director John Driscoll. “We expect volumes to increase as we open our new facilities.”

Imports declined 6.6% year-over-year in January to 75,136 TEUs.

The Port of Oakland was able to come out ahead of year-ago levels due to an increase in empty containers, which tend to spike in January as U.S. cargo owners quickly return equipment to Asia to fulfill orders before the factory shutdown for the Lunar New Year in February.