Fitch Affirms Port of Oakland’s A+ and A Credit Ratings
Port’s Outlook is Positive Oakland, Calif. – June 18, 2025: Fitch Ratings has affirmed the ‘A+’ rating on the Port of Oakland’s approximately $253 million in senior lien revenue refunding bonds and the ‘A’ rating on $205 million of intermediate lien revenue refunding bonds. The Rating Outlook is Positive, reflecting the port’s strong financial profile […]
Port of Oakland container volume rises modestly in May
Robust exports bolster trade volume amid market volatility Oakland, Calif. – June 12, 2025: Container volume at the Port of Oakland continued its steady performance in May, exceeding expectations during a period of ongoing tariff negotiations and shifting trade dynamics. Year-to-date, the Port has handled 974,417 TEU (twenty-foot equivalent units) through the end of May, […]
Port of Oakland April container volume drops 14.7% vs. March
However, overall container volume still up 4.3% in first four months of 2025 vs. 2024 Oakland, Calif. – May 19, 2025: The Port of Oakland handled 185,499 TEUs (twenty-foot containers) in April, marking a 14.7% decrease in overall cargo volume from March 2025. The slowdown is driven by market uncertainty as well as softening demand […]
Port of Oakland container volume grows 7% in March
Total container volume finishes first quarter strong Oakland, Calif. – April 24, 2025: The Port of Oakland closed the first quarter of 2025 on a strong note. Total container volume rose 7.2% compared to March 2024, with Port operators handling 217,415 TEUs (twenty-foot equivalent units) in March 2025. That performance brings first-quarter volume to 601,527 […]
Port of Oakland free harbor tours return next month
Tickets available April 28 for popular boat tours running through October 2025 Oakland, Calif. – April 21, 2025: The Port of Oakland is offering this year’s free harbor tours to the public from May to October 2025. It is a unique opportunity to see the Port’s shipping operations up close while enjoying a sunset cruise […]
Port of Oakland container volume starts new year with 8.5% increase
Loaded imports grew 13% this year; loaded exports rose 3.4% Oakland, Calif. – March 19, 2025: The Port of Oakland starts 2025 with growth in both imports and exports. Loaded container volume recorded 146,187 TEUs (twenty-foot containers) in January 2025. This is an 8.5% increase over January 2024, when 144,405 TEUs passed through the Port. […]
Port of Oakland Board appoints Kristi McKenney Executive Director
Port’s chief operating officer to succeed Danny Wan Oakland, Calif. – February 14, 2025: The Oakland Board of Port Commissioners just named Kristi McKenney as the Port’s new executive director. The appointment follows the announcement of Executive Director Danny Wan’s retirement on February 28. The Port Commissioners unanimously approved a three-year contract for McKenney at […]
Port of Oakland approves Strategic Plan 2025-2030
Blueprint for growing business and creating more local job opportunities Oakland, Calif. – February 10, 2025: The Oakland Board of Port Commissioners just approved the Port’s Strategic Plan for the years 2025-2030. The plan provides a blueprint for the next five years focusing on market growth, job creation, and modernization of Port facilities and operations. […]
Port of Oakland records 2.26 million TEUs last year
Data shows resilience, growth; loaded containers up 15 percent from previous year Oakland, Calif. – January 31, 2025: The Port of Oakland experienced a solid 2024, processing 2.26 million TEUs (twenty-foot containers), representing a 9.5% increase over 2023. The 2024 cargo data reflects a long-term growth trend in consumer spending in the San Francisco Bay […]
Port of Oakland container volume on track to finish year strong
Full imports grow 13 months in a row Oakland, Calif. – December 26, 2024: The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023. “We are optimistic that strong container volume will continue through the end of the […]