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Oakland’s box volumes recover in April

The Port of Oakland’s April container volume showed a 17% increase in full TEUs for the first four months of 2024 compared to the same period in the previous year.

This reflects Oakland’s return to its historical average cargo volumes, rebounding from 2022 and 2023 declines.

Full imports rose year-over-year for the sixth consecutive month (November 2023 – April 2024). The Californian port posted a 7.5% uptick in loaded imports in April 2024, handling 75,335 TEUs this April.

Full exports also increased 6.9% in April 2024. Port operators managed 67,566 TEUs this April, in contrast to 63,193 TEUs in April 2023. Greater schedule reliability for vessels is bringing back agricultural shippers that rely on predictable ship departures, according to a statement.

“It’s encouraging to see Oakland recover cargo volume as we focus on long term growth,” said Port of Oakland Maritime Director Bryan Brandes. “Our investments in upgrading Port infrastructure are paying off, and they position us ideally to capture future freight business with increasing demand.”

Meanwhile, empty imports dropped 0.4% transiting 16,357 TEUs in April 2024, while empty exports jumped 18.7%, handling 29,375 TEUs in April 2024.

Source: Container News

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