Business, Freight News, Sea

Port of Oakland loaded box volume dipped 7.4 percent in March

[ April 13, 2020   //   ]

Port of Oakland loaded container volume declined 7.4 percent in March from 2019 totals, according to data released today. The Port said the cargo decrease resulted from a coronavirus pandemic that has weakened global trade.
According to the Port, March containerized import volume dropped 10.3 percent from March 2019. Export loads were off 5 percent. The return of empty containers to origins in Asia decreased 23 percent. Total volume – which combines all three measures – declined 11 percent.
The worldwide effort to stop the spread of COVID-19 has slowed containerized freight transport, the Port said. As evidence, the Port pointed to the following:
• Ports up and down the U.S. West Coast reported reduced cargo volume in March.
• The number of ships calling in Oakland last month declined 10.6 percent from March 2019.
The Port said it’s fully operational despite a shelter-in-place order mandated by Alameda County. The Port and supply chain partners have been declared critical infrastructure in the coronavirus fight.