The Port of Oakland announced that its 2019 container volume decreased 1.8 percent from 2018. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high.
Oakland handled the equivalent of 2.5 million 20-foot containers (TEUs) in 2019 versus 2.55 million in 2018. The Port attributed the dip to a 13 percent drop in empty container handling.
Export volume increased 3.7 percent last year, the Port said. Imports were up 1 percent. As a result, the Port set a record for loaded containers in 2019 with 1.9 million TEUs.
The Port broke a 2018 record of 1.86 million loaded TEUs. The Port said the results were promising given a China-U.S. tariff standoff that dampened global trade in 2019.
Source: Port of Oakland< Return