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Port of Oakland cargo volume dipped in July

Oakland, Calif. – August 11, 2021: A year-long cargo surge slowed and volume dipped at the Port of Oakland last month. The Port said today it expected containerized cargo volume growth to resume as peak shipping season arrives. Though business dipped last month, the Port said year-to-date import volume has increased 16 percent. Total volume… Read More

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Port of Oakland A+ and A ratings affirmed by Fitch

Oakland, Calif. – August 9, 2021: Fitch Ratings has affirmed Port of Oakland bond ratings and lifted the Port’s ratings outlook from negative to stable. Fitch this week affirmed the following ratings on Port of Oakland debt: A+ for senior lien revenue bonds; A for intermediate lien revenue bonds; and A for the underlying bank… Read More

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Port of Oakland gets second first-call service in two weeks

Oakland, Calif. – August 6, 2021: For the second time in two weeks, a container shipping line is introducing Port of Oakland first-call service. The Port said today that Taipei-based Wan Hai Lines will commence its new service here August 8. Called the AA5, the route links Oakland with three Asian ports: Kaohsiung, Ningbo and… Read More

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Port of Oakland gets two big firsts in new Matson service

Oakland, Calif. – August 4, 2021: U.S. shipping line Matson has launched a new vessel service with major implications for the Port of Oakland. The Port said today that Matson’s CCX Service, which began July 27, is noteworthy on two fronts: It’s the first China-to-Oakland service for longtime Port of Oakland carrier Matson. It’s the… Read More

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Oakland International Airport reports June traffic results

Oakland, Calif. – July 29, 2021: Oakland International Airport, the second busiest airport in the San Francisco Bay Area, reports continued passenger and cargo traffic growth for June 2021. In June 2021, passenger traffic at Oakland International Airport (OAK) increased 11.3 percent from May 2021. The airport saw 82,642 more passengers than it did in May. Air cargo… Read More

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Port of Oakland looks past pandemic and plans for future

Oakland, Calif. – July 22, 2021: As pandemic restrictions ease, the Oakland Seaport is bursting at the seams with record cargo volume. The traveling public is returning to Oakland International Airport for business and leisure travel, although passenger activity is not yet at pre-pandemic levels. Despite uncertainties, the Port of Oakland (Port) intends to improve its long-term operations by planning for its future business and infrastructure needs. The Port’s business lines include Oakland International Airport (OAK) and… Read More

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Port of Oakland Board gives President Cluver second term

Oakland, Calif. – July 20, 2021: The Port of Oakland’s governing Board has given Andreas Cluver a second term as President. The seven-member Oakland Board of Port Commissioners unanimously selected the East Bay labor leader at a special meeting last week. Mr. Cluver begins a second one-year term next month after first gaining the presidency… Read More

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Zero-emissions truck project launches at Port of Oakland

Oakland, Calif. – July 19, 2021: The Port of Oakland and its logistics partners launched a battery electric truck demonstration project this month on its path to zero emissions at the Oakland Seaport. The Port debuted ten new battery electric trucks at Shippers Transport Express (STE), a Port-based trucking operation. The Peterbilt trucks cost a total of $5.1 million and are used to haul cargo within the Port’s maritime area. Funding for the trucks comes from… Read More

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Oakland International Airport ready for a busy, smooth Independence Day weekend

Oakland, Calif. – July 2, 2021: Operations at Oakland International Airport (OAK) are running smoothly and the airport is prepared to serve passengers for the upcoming holiday weekend. With travel restrictions being lifted and demand for travel on the rise, OAK anticipates that passenger volumes between Thursday, July 1 and Monday, July 5 will reach 160,000, which is… Read More

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