Press Release: Cargo volume off at Port of Oakland in February

Celebration
P R E S S    R E L E A S E
FOR IMMEDIATE RELEASE
 
Cargo volume off at Port of Oakland in February
Bad weather, Lunar New Year lull temper recent gains 
Oakland, Calif. – March 10, 2017: Containerized export volume at the Port of Oakland declined 1.2 percent last month from February 2016 totals. The Port said it was only the second export decrease in the past 14 months.

Overall loaded container volume – imports and exports – declined 5.1 percent last month, according to figures released today. Import volume was off 9.3 percent.

The Port said inclement weather in the U.S. interior curtailed shipment of Asia-bound exports through Oakland. Import volume declined in the wake of Lunar New Year celebrations, the Port said. U.S. importers stock up before Asian factories shut down for the holidays. Shipments typically moderate in the post-holiday period.

Oakland export volume had bucked the effects of a strong dollar for more than a year. The Port’s exports increased 9 percent in January. Exports were up 10.5 percent for the full year in 2016.

About the Port of Oakland:
The Port of Oakland oversees the Oakland seaport, Oakland International Airport, and 20 miles of waterfront. Together with its business partners, the Port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the United States. Connect with the Port of Oakland and Oakland International Airport through Facebook, or with the Port on Twitter, YouTube, and at www.portofoakland.com.
Media Contacts:
Mike Zampa, 

Communications Director

Port of Oakland

(510) 627-1565

mzampa@portoakland.com 
Marilyn Sandifur,
Port Spokesperson

Port of Oakland

(510) 627-1193

msandifur@portoakland.com 
 

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