March 18, 2019

Cargo surge cools at Port of Oakland

February cargo volume falls 1.3 percent, port officials say.

By DC Velocity Staff

Cargo volume at the Port of Oakland was down 1.3 percent in February, marking the end of a six-month surge in containerized cargo at the port, officials said March 15.

February import cargo decreased 5 percent year-over-year, marking the first decline in import volume since July 2018, officials said. February exports were down 8.2 percent, and the shipment of empty containers back to origin destinations increased nearly 7 percent.

Port officials said the lower volume was due to a pause by shippers following a "global trade frenzy" in 2018.

"Shipments spiked last year as importers rushed cargo to the U.S. ahead of anticipated tariff increases. Analysts have since predicted an import slowdown due to jammed warehouses and delays in tariff hikes," officials said in a statement announcing the February numbers.

Shipping lines have responded to lower volumes by canceling some Asia-U.S. voyages, port officials added.  Oakland reported a 9.7 percent drop in February vessel calls compared to last year.

Resources Mentioned In This Article


Transportation Videos


Join the Discussion

After you comment, click Post. If you're not already logged in, you will be asked to log in or register.

Subscribe to DC Velocity


Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Cargo surge cools at Port of Oakland">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.