Skip to content
Search AI Powered

Latest Stories

September imports up nearly 11% in Oakland

Port of Oakland posts strong cargo volume as retailers prep for peak season and hedge against potential Covid-19 spike.

September imports up at Port of Oakland

The Port of Oakland saw its best September ever for imports, as import volume rose 10.6% during the month compared to 2019, officials said today.

Exports rose 5% during the month, and overall volume was up 9.3% compared to a year ago as the port processed 225,809 twenty-foot-equivalent units (TEUs). Officials attribute the boost in imports to U.S. retailers stocking up in preparation for the holiday shopping season as well as preparing for a potential spike in Covid-19 cases; they noted an increase in consumer products as well as pandemic-related items such as personal protective supplies in September volumes.


“Several months into this pandemic, we are now seeing positive signs by these cargo volume totals,” Port of Oakland Maritime Director Bryan Brandes said in a statement announcing the monthly cargo volumes. “As retailers make sure shelves are well-stocked, we’re waiting to see if consumers begin shopping early this holiday season.”

Compared to last year, this year’s first nine months show full imports up 0.4 percent and full exports down 0.2 percent in Oakland, port officials said.

The Latest

More Stories

containers stacked at a port

Supply chain execs wary of three trends in 2025, Moody’s says

Three issues ranking at top of mind for supply chain executives in 2025 will be supply chain restrictions, reputational risk, and quantifying risk exposure, according to Moody’s, a global integrated risk assessment firm.

Each of those points could have a stark impact on business operations, the firm said. First, supply chain restrictions will continue to drive up costs, following examples like European tariffs on Chinese autos and the U.S. plan to prevent Chinese software and hardware from entering cars in America.

Keep ReadingShow less

Featured

youngster checking shipping details on smartphone

Survey: older generations are unaware of holiday shipping deadlines

As holiday shoppers blitz through the final weeks of the winter peak shopping season, a survey from the postal and shipping solutions provider Stamps.com shows that 40% of U.S. consumers are unaware of holiday shipping deadlines, leaving them at risk of running into last-minute scrambles, higher shipping costs, and packages arriving late.

The survey also found a generational difference in holiday shipping deadline awareness, with 53% of Baby Boomers unaware of these cut-off dates, compared to just 32% of Millennials. Millennials are also more likely to prioritize guaranteed delivery, with 68% citing it as a key factor when choosing a shipping option this holiday season.

Keep ReadingShow less
shopper returning purchase with smartphone

E-commerce retailers brace for surge in returns

As shoppers prepare to receive—and send back—a surge of peak season e-commerce orders this month, returns will continue to pose a significant cost for the retail industry, with total returns projected to reach $890 billion in 2024, according to a report released today by the National Retail Federation (NRF) and Happy Returns, a UPS company.

Measured over the entire year of 2024, retailers estimate that 16.9% of their annual sales will be returned. But that total figure includes a spike of returns during the holidays; a separate NRF study found that for the 2024 winter holidays, retailers expect their return rate to be 17% higher, on average, than their annual return rate.

Keep ReadingShow less
screenshot of agentic AI for logistics

HappyRobot lands $15.6 million backing for its agentic AI

San Francisco startup HappyRobot has gained $15.6 million in venture funding for its AI platform that automates the communication needs of freight brokerages and other logistics users such as third-party logistics providers and warehouses.

The “series A” round was led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic industry investors, including RyderVentures. It follows an earlier, previously undisclosed, pre-seed round raised 1.5 years ago, that was backed by Array Ventures and other angel investors.

Keep ReadingShow less
forklift carrying goods through a warehouse

RJW Logistics gains private equity backing

RJW Logistics Group, a logistics solutions provider (LSP) for consumer packaged goods (CPG) brands, has received a “strategic investment” from Boston-based private equity firm Berkshire partners, and now plans to drive future innovations and expand its geographic reach, the Woodridge, Illinois-based company said Tuesday.

Terms of the deal were not disclosed, but the company said that CEO Kevin Williamson and other members of RJW management will continue to be “significant investors” in the company, while private equity firm Mason Wells, which invested in RJW in 2019, will maintain a minority investment position.

Keep ReadingShow less