Port of Oakland takes a breather

The port attributed decreased volume mostly to a pause by shippers following a 2018 global trade "frenzy."

By ·

As with California's other major ports, A six-month-long containerized cargo surge came to a halt last month.

This came as no surprise, said Port spokesmen, adding that cargo volume was down 1.3 percent from a year ago.

February import cargo decreased 5 percent, year-over-year, the port reported.  It was the first decline in import volume since July 2018.  February exports were down 8.2 percent.  The shipment of empty containers back to origin destinations increased nearly 7 percent.

The port attributed decreased volume mostly to a pause by shippers following a 2018 global trade "frenzy."

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. 

The port said export volume has been held down by a strong U.S. dollar.  When the dollar is strong, American goods are costlier for overseas purchasers.

Shipping lines have responded to lower volumes by canceling some Asia-U.S. voyages, the port said. Asia is the port’s primary trading partner.  Oakland reported a 9.7 percent drop in February vessel calls compared to last year.

Oakland’s communications director, , told LM in an interview that the moderation of volume has enabled terminals to regain operating equilibrium. 

“Turn times are down in previous trouble spots,” he added. 


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [ protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.


Latest Whitepaper
Finding the Right Fit for New Technologies and Automation in your Warehouse/DC
In this white paper, Canon Solutions explores the challenges companies face when automating, explain why there’s no need to rip-and-replace existing systems
Download Today!
From the July 2019 Logistics Management Magazine
While trade tensions with China have already disrupted many U.S. supply chains, analysts suggest that a recalibration of shipping and sourcing destinations is long overdue. Emerging markets might finally live up to their potential and keep globalization on track.
2019 State of Logistics: Third-party logistics (3PL) providers
2019 State of Logistics: Air cargo
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly newsletter!
Latest Webcast
Leveraging 3PLs for Future Shipper Gains
In this webcast, Evan Armstrong, president of Armstrong & Associates offers logistics and supply chain managers the industry’s most comprehensive overview of the state of domestic and global third-party logistics arena.
Register Today!
EDITORS' PICKS
State of Logistics in 2019: What’s next?
Tight capacity, high rates, rapid e-commerce growth and a booming economy fueled an 11.45% rise in...
Got labor? How supply chain companies are recruiting talent during a labor crunch
How are companies faring in the race to recruit and train high-level supply chain talent in a market...

35th Annual Salary Survey: Compensation matters more than ever
While job satisfaction remains the primary reason for today’s logistics managers to stay with one...
2019 Rate Outlook: Pressure Builds
In 2019, the world economy will enter a third straight year of broad-based growth, but many...
http://adulttorrent.org

www.kobzarenko.com.ua/ru/produkciya/tehnka-dlya-solomi/

автоматический полив теплицы