Port of Oakland export rebound now at four straight months
Oakland, Calif. – May 6, 2016: An export rebound continues to build steam at the Port of Oakland. The Port said today that containerized export volume increased 7 percent last month from a year ago. It was the fourth consecutive month of increases in Oakland.
The Port said that 2016 export volume is up 16.3 percent through April. That’s welcome news following a 2015 decline that saw Oakland exports drop 11.5 percent. The Port attributed export gains to a weaker dollar that makes U.S. goods more affordable overseas.
“We’re pleased to see export volume growing,” said Port Maritime Director John Driscoll. “It’s a sign that business is picking up for our customers.”
The Port said it has shipped the equivalent of 300,000 20-foot export containers so far this year. By comparison, it reported receiving the equivalent of 277,000 20-foot import boxes. The contrast reflects Oakland’s status as a leading U.S. export gateway. Most American ports handle more imports than exports.
Total cargo volume in Oakland – imports, exports and empty containers – declined 6.3 percent in April, the Port said. That was due primarily to a near 30 percent drop in empty container shipments. For the year, Oakland’s total cargo volume is up 11.3 percent.
Click here to see Port of Oakland 2016 cargo volume statistics.
About the Port of Oakland:
The Port of Oakland oversees the Oakland seaport, Oakland International Airport, and 20 miles of waterfront. Together with its business partners, the Port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the United States. Connect with the Port of Oakland and Oakland International Airport through Facebook, or with the Port on Twitter, YouTube, and at www.portofoakland.com.
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