Port of Oakland Containers Off 10% as ‘Recalibration’ Hits Ocean Supply Chain
The Port of Oakland experienced a notable downturn in container traffic in June on shifting global trade dynamics and reduced demand.
Total volume dropped 10.1% compared to May’s figures, to 168,460 twenty foot equivalent units (TEUs). Year-on-year comparisons showed a 12.8% decline, from 193,158 TEUs in June 2024.
“This is not a seasonal dip, but a market recalibration,” said Port of Oakland Maritime Director Bryan Brandes, in a release. “Importers and exporters are adjusting their supply chain timing and routing decisions in response to evolving conditions.”
Cumulative container volume for the year remains resilient, up 0.6% y/y, to 1.14 million TEUs...
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