Port of Oakland volumes dip in July

The port of Oakland has recorded a year-to-date volume increase in July but a decline in comparison to the same period of last year.

In particular, the US port has seen a growth of 9% in total volumes and 16% in imports since the start of 2021.

However, a slight downtrend in container traffic has been noticed, as the total volumes which include imports, exports and empty container repositioning, decreased by 3.5% compared to the previous year's July.

In the meantime, containerised imports saw a year-on-year decline of 1.7%, while exports decreased by 4.7%.

The port attributed the declines to the high cargo volume during the first half of the year, as surging shipments stacked up on docks causing delivery delays.

Due to that fact, shipping lines omitted several sailings to the harbour, according to Port of Oakland Maritime Director, Bryan Brandes who stated that "Vessel berths and container yards were crowded with some shipping lines bypassing Oakland."

Despite the current downtrend, the port estimates that cargo volume should increase again from August through October, as those months constitute the peak shipping season for retailers building holiday inventories.

Source: Container News


Related News

Ports in China see significant growth in box volumes during 2021
Ports in China see significant growth in box volumes during 2021

China ports have registered noteworthy increases in container volumes during the period between January and September.

Tax rates on supplies
Tax rates on supplies

The Ministry of Finance has proposed revising the tax rates on supplies, raw materials and semi-finished products in the Export Tariffs.

Japan’s container volumes decrease for four consecutive months
Japan’s container volumes decrease for four consecutive months

Oceangoing containers to and from Japan's six major ports totaled 1.13 million TEUs in July, which slid 8.7% from the corresponding month of the previous year and have registered a year-on-year decrease for four consecutive months.


main.add_cart_success