Lunar new year brings some good news to Port of Oakland
Port of Oakland is ranked 8th in container box throughput by Datamyne researchers
Transportation in the News
Don’t call freight volume recovery a comeback FTR Shippers Conditions Index falls but remains in growth mode Yellow, Teamsters union butting heads a year before contract deadline Industry stakeholders call on White House to aid in West Coast port labor talks U.S. rail carload and intermodal volumes are down, for week ending March 18, reports AAR More Transportation NewsThe Port of Oakland said today that containerized import volume increased by an impressive 75.76 percent last month from January 2015 totals.
Port spokesmen also noted that export volume jumped 16.83 percent in January from a year ago. It was the first increase in Oakland export volume since last July. Total cargo volume – imports, exports and empty containers, rose 38.46 percent for the month compared to January 2015.
Port analysts offered two explanations for the double-digit cargo volume increases:
U.S. importers stocking shelves ahead of Lunar New Year factory shutdowns in Asia; and
- A favorable comparison to January 2015 when West Coast ports were stymied by a protracted waterfront labor dispute.
“An increase in cargo volume is always welcome,” said John Driscoll, the port’s Maritime Director. “But what this really shows is that we have recaptured the cargo that moved temporarily away from the West Coast a year ago.”
A number of importers diverted containerized cargo to gateways outside the West Coast a year ago in January. It was a work-around for slowdowns and congestion that hampered ports from San Diego to Seattle. Since a new waterfront labor contract was signed last spring, shippers have been re-establishing western supply routes.
Datamyne, (formerly Zepol) a research firm specializing in domestic ports, ranks Oakland 8th in its Top 25, just behind Tacoma.
Oakland said it handled the equivalent of 77,637 20-foot import containers in January. That was the most since last August, the traditional start of peak shipping season. It was 5,000 more than the import total in January 2014, when labor issues weren’t constricting volume.
About the Author
Patrick Burnson, Executive Editor Mr. Burnson is a widely-published writer and editor specializing in international trade, global logistics, and supply chain management. He is based in San Francisco, where he provides a Pacific Rim perspective on industry trends and forecasts. He may be reached at his downtown office: [email protected].Subscribe to Supply Chain Management Review Magazine!
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