uport-of-oakland-march-cargo-volume-took-a-post-holiday-dip

Port of Oakland March cargo volume took a post-holiday dip

Port of Oakland import volume dipped last month while export growth flattened during a seasonal lull in containerized trade. The port reported that March imports declined 1.9% compared to March 2017. Exports were essentially flat – down just 0.5%. The port attributed declining import volume to post-Lunar New Year holidays in Asia. Shipments traditionally slump as factories that produce many U.S.-bound goods temporarily shut down, the port explained. Oakland exports remained virtually unchanged ... [+]