Port of Oakland sets all-time record for imports in a month
August 9, 2017
Oakland, Calif. – August 9, 2017: The Port of Oakland last month set an all-time record for import cargo, handling the equivalent of 84,835 loaded 20-foot import containers. That was the most for a single month in its 90-year history, breaking the previous record of 84,023 containers set in March 2015. The Port said that… Read More
Read Full Article...Port of Oakland sees five-years of record volume starting in ’18
August 8, 2017
Oakland, Calif. – Aug. 8 2017: Port of Oakland maritime officials anticipate a five-year run of record cargo volume beginning next year. By 2022, the Port expects to handle the equivalent of 2.6 million 20-foot containers annually. It would be 8 percent more volume than the Port has ever processed in a single year. The… Read More
Read Full Article...Port of Oakland sells bonds to refinance $324 million in debt
August 7, 2017
Oakland, Calif. – Aug. 7, 2017: The Port of Oakland said today it has completed the sale of bonds to lower debt costs. The Port said its $324 million refinancing will save $44 million in debt service payments over 13 years. Proceeds from the sale will be used to refund 2007 bonds issued to finance… Read More
Read Full Article...Port of Oakland should gain as China opens rice market to U.S.
August 3, 2017
Oakland, Calif. – Aug. 3, 2017: A new U.S.-China trade pact should increase rice exports here, the Port of Oakland said today. The deal opening China’s market to American growers will likely strengthen Oakland’s link in the global food chain. American rice exports could enter China as soon as 2018 following approval of a trade… Read More
Read Full Article...Port of Oakland-based firm first to test battery-powered big rig
August 2, 2017
Oakland, Calif. – Aug. 2, 2017: A major Port of Oakland-based trucking operator plans to test battery-powered big rig technology here in September. GSC Logistics said today it will launch a three-year trial with a heavy-duty, all-electric truck. The test is part of a statewide effort to determine the feasibility of zero-emission freight hauling. GSC,… Read More
Read Full Article...Jack London Square’s triple play of special events starts Wednesday
August 1, 2017
Oakland, Calif. – August 1, 2017: Jack London Square packs a punch this week with three special events beginning Wednesday. Party Under the Palms is tomorrow from 5:30-8:00PM at Embarcadero and Webster Streets. This is the first event of its kind at the Square featuring creative drinks and small bites made from peak-season produce. All… Read More
Read Full Article...