Business, Freight News

Port of Oakland has best September ever for imports

[ October 15, 2020   //   ]

The Port of Oakland experienced its best September ever for import cargo volume. The Port said 93,916 TEU full import containers last month beat a 2019 record of 84,901 TEUs. The Port also said today that containerized import volume jumped 10.6% in September compared to 2019 totals. Exports were also up 5% compared to September 2019. Total TEUs for September were 225,809 up 9.3% compared to September 2019 when TEUs were 206,539.

The Port attributed the boost in imports to U.S. retailers stocking up in preparation for the traditional holiday shopping season. Consumer products combined with pandemic-related items such as personal protective supplies helped make September a record-breaking month.

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

The Port said it’s seeing retailers hedging against another possible COVID wave this winter. Retailers appear to be building up their stocks as they continue to see the spread of more factory closures and lockdowns.

Compared to last year, this year’s first nine months show full imports up 0.4% and full exports down 0.2%.