13.9 C
Hamburg
Friday, June 6, 2025
Home Port News Port of Oakland reports box traffic decline

Port of Oakland reports box traffic decline

The Port of Oakland’s total loaded container volume dropped by 8% in August compared to the same month last year with 155,682 loaded TEUs.

Loaded imports declined by 10.2% recording 87,844 TEUs last month and loaded export containers experienced a 5.5% decline with 67,838 TEUs passing through the port in August.

In addition, full imports of the port of Oakland in 2022 year-to-date were down by 5% compared to the first eight months of 2021.

“We’re beginning to see signs of supply chain recovery after multi-year pandemic-related congestion, but we still have a way to go,” said Port of Oakland Maritime Director, Bryan Brandes, who went on to add, “We will continue working with our industry partners to boost cargo fluidity and vessel service.”

Freight rates for cargo shipped from Asia to the United States continue to drop pointing to a softening in demand for imports, according to the Californian port, which noted that continued congestion at box yards may still be a factor in ship delays at the Oakland Seaport, with most docked vessels staying two or more days.





Latest Posts

Capesize S&P activity drops around 48%

Written by Rebecca Galanopoulos, Senior Content Analyst at Veson Nautical Using VesselsValue Timeseries, we examine how historical orderbook trends have influenced time charter rates and...

Transpacific container rates starting to spike on demand surge

Logistics markets and supply chains faced another confusing, dramatic few days last week as the US Court of International Trade ruled that President Trump...

BIMCO develops standard clause addressing USTR uncertainties

BIMCO, the world’s largest shipping association, has initiated the development of a standard industry clause to address contractual uncertainties arising from the United States...

Wincanton accelerates net zero ambitions with deployment of 24 electric HGVs

Wincanton has announced the first wave of 24 new electric heavy goods vehicles (HGVs) joining its fleet this year, marking a key step towards...

How to Choose the Right Contractor for Gutter Installation in Boston?

When it comes to protecting your home from water damage, a well-executed gutter installation is not just a luxury, it’s a necessity. Your gutters...
error: Content is protected !!