21.2 C
Hamburg
Wednesday, June 3, 2020
Home Port News Oakland Port sees a meat-growth chance amid trade war

Oakland Port sees a meat-growth chance amid trade war

Trade wars may be heating up, but the Port of Oakland is seeing a cool opportunity to ship more meat.

The port, a major shipping hub for agricultural products, is expecting to boost beef, pork and poultry exports with a massive refrigerated storage facility called Cool Port Oakland. The $91 million depot is expected to lower costs and thereby draw more shippers.

The Port of Oakland saw a 43 percent increase in meat exports to Asia from October 2015 to October 2018. In the first 10 months of 2018, the port shipped 47,300 20-foot containers of meat to Asia, with Japan the top market, followed by South Korea and Taiwan.

The increase reflects what U.S. Meat Export Federation CEO Dan Halstrom calls a “meat boom” in those countries.

“You see a lot of different concepts catching on,” Halstrom said. “Smoked meat, barbecue, a lot of U.S. fast food, fast casual, white-tablecloth concepts.”

Read more on San Francisco Chronicle.

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

ZIM introduces new eCommerce service

ZIM has announced the launch of ZIM eCommerce Xpress (ZEX), a new service from South China to Los Angeles US West Coast, from 22...

CMA CGM implements fresh rates from North Europe and Med

CMA CGM will apply new freight of all kinds (FAK) rates from North Europe and the Mediterranean to North American destinations from 1 July...

DCSA establishes IoT container connectivity standards

Digital Container Shipping Association (DCSA) has published IoT (Internet of Things) connectivity interface standards for shipping containers. The non-profit group was established to further the...

Jeff Bezos supports UK freight forwarding start-up

London-based Beacon, a freight forwarding and supply chain finance company, has raised over US$15 million in its Series A fundraising round, with investors including...

Maritime renaissance facilitated by pandemic says DNV GL

Shipping is undergoing a “maritime renaissance” brought on by the Covid-19 pandemic according to vessel classification society DNV GL’s maritime director Knut Ørbeck-Nilssen. DNV GL...