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Port of Oakland A+ and A ratings affirmed by Fitch

Oakland, Calif. – November 14, 2022: Fitch Ratings has affirmed the Port of Oakland’s outstanding senior bonds at A+ and outstanding Intermediate Lien and underlying bank bonds at A. The rating outlook assigned by Fitch on all bonds is Stable. “These ratings reflect continued commitment to prudent financial management and stability,” said Port of Oakland… Read More

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Port of Oakland receives federal grant for green development

Oakland, Calif. – October 28, 2022: The Port of Oakland will be awarded a $36.6 million grant from the U.S. Department of Transportation to support green infrastructure development for added cargo transport capacity and operational efficiencies at its Outer Harbor. The grant is part of a $94 million federal investment in California ports. The grant award is… 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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