P R E S S R E L E A S E
FOR IMMEDIATE RELEASE
Port of Oakland January import volume soars 75 percent
Total container volume up 38 percent as memory of 2015 labor dispute fades
Oakland, Calif. – Feb. 10, 2016: What a difference a year makes. The Port of Oakland said today that containerized import volume soared 75.76 percent last month from January 2015 totals.
Export volume jumped 16.83 percent in January from a year ago, the Port said. 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.
The Port offered two explanations for the double-digit cargo volume increases:
1. U.S. importers stocking shelves ahead of Lunar New Year factory shutdowns in Asia; and
2. 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.
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.
January cargo statistics for the Port of Oakland are available here.
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.
Port of Oakland