The Port of Oakland processed 163,254 twenty foot equivalent units (TEUs) in February, down 16.7% from January and 14.5% year-over- year.<\/p>\n
The northern California hub said vessel calls declined from 86 in January to 72 in February, due partially to planned blank sailings during Lunar New Year.<\/p>\n
Changing trade patterns have also seen carriers shift more U.S. imports to hubs in Mexico and Canada, where they can be railed or trucked into U.S. markets.\u00a0\u00a0<\/p>\n
Export volumes totaled 86,796 export TEUs, about 9.5% below year-ago levels, but ahead of 76,458 import TEUs that decreased 19.6%.<\/p>\n
\u201cFebruary\u2019s volume was shaped in large part by seasonal vessel scheduling around Lunar New Year,\u201d said Maritime Director Bryan Brandes, in a statement. \u201cEven with fewer vessel calls, Oakland\u2019s export business remained comparatively resilient, reflecting the port\u2019s continued role as a leader in refrigerated and agricultural cargo.\u201d<\/p>\n
Oakland is a gateway for the region\u2019s nuts, beef and pork, tomato products, and wine.<\/p>\n
Loaded containers totaling 130,192 TEUs accounted for the majority of cargo, while empties came to 33,062 TEUs.<\/p>\n
Year to date, loaded containers account for approximately 78% of total TEUs, while exports represent about 51% of overall volume.<\/p>\n
Read more articles by Stuart Chirls\u00a0here.<\/a><\/p>\n Related coverage:<\/p>\n California ports ask state for $1B for infrastructure in FY2027<\/a><\/p>\n FMC rejects carrier request for shorter notice on ocean war rate hikes<\/a><\/p>\n FMC\u2019s DiBella: Ports are key to U.S. economic security and stability<\/a><\/p>\n