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Port of Oakland: What’s behind the 2016 export rally

Oakland, CA. – (Nov. 15, 2016): Growth in high-value agricultural shipments is driving a containerized export boom at the Port of Oakland.  The Port released new figures today showing sizable increases in fruit, nut and meat exports destined primarily for Asia.  The agricultural surge has lifted Oakland total export volume 10 percent over 2015 levels… Read More

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Port of Oakland export boom reaches a three-year high

Oakland, CA – (Nov. 7, 2016): Port of Oakland export volume reached a three-year high in October, soaring 20 percent over 2015 totals.  The Port reported today that it shipped the equivalent of 89,473 export containers last month.  That was the most since Oct. 2013, the Port said, and the fourth-largest monthly total in its… Read More

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Oakland International Airport welcomes British Airways

Oakland, CA: (November 1, 2016) – Starting next spring, Bay Area residents can choose British Airways when traveling from Oakland International Airport (OAK), thanks to the start of the renowned carrier’s nonstop Oakland to London service, starting March 28, 2017. The new service will make British Airways the only European airline to operate from all three… Read More

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Port of Oakland debt upgraded by Fitch Ratings

Oakland, CA. – (Oct. 17, 2016): Port of Oakland intermediate lien revenue bonds have been upgraded by Fitch Ratings to A from A-.  Fitch has also affirmed the A+ rating on the Port’s senior lien revenue bonds.  The rating outlook for both liens is stable. Fitch issued its rating update October 14.  It said the… Read More

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