• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

ACME News Journal

Your Best Daily News Source

ACME NEWS JOURNAL
Your Best Daily News Source

  • Home
  • US
  • BUSINESS
  • REAL ESTATE
  • TECH/SCIENCE
  • WORLD
  • Meet the Team
  • About/Contact

Port of Oakland reports record-setting import volume as U.S. economy rebounds from pandemic

May 13, 2021 by Staff Reporter

article

OAKLAND, Calif – Longshoremen at the Port of Oakland last month moved a record amount of imports for a single month, port officials said Thursday.  

The port handled the equivalent of 100,096 20-foot containers in April, up 25 percent from a year ago, and the largest monthly amount of imports in the port’s 94-year history.  

For the first time, more than the equivalent of 100,000 20-foot containers were moved in a single month, according to port officials.  

Longshoremen handled a record amount of import and exports combined in the first quarter of 2021, outpacing the previous first-quarter record set in 2019.  

Moving cargo at TraPac terminal in the Port of Oakland in Oakland, Calif. in the late 2010s (Photo courtesy the Port of Oakland/Kelly Patrick Dugan).

“We’re sounding like a broken record, but containerized trade continues to flourish as the U.S. economy rebounds,” Port Maritime Director Bryan Brandes said in a statement. “And as we’ve said before, there doesn’t seem to be a letup in sight.”

Rebounding consumer demand has prompted U.S. retailers and e-commerce businesses to buy Asian goods at unprecedented levels, according to port officials.

Export volume in April dropped slightly from a year ago, possibly related to the record imports.

Exports slipped 3.7 percent due possibly to the need by Asian manufacturers for empty containers to send goods to the U.S.

Total trade volume, which includes exports, imports, and empty containers, increased 8 percent in April compared with a year ago the same month.

View Original Source

Filed Under: BUSINESS

Primary Sidebar

More to See

Foreign Real Estate Investors Plot Their Return

As signs that the second wave of COVID-19 is beginning to wane and travel restrictions loosen, foreign investors are looking to return to the U.S., … [Read More...] about Foreign Real Estate Investors Plot Their Return

Markets steady as US jobs report comes in under forecast

Wall Street stocks continued to rise while government bonds softened as investors addressed the effects of US employment reports, which were much … [Read More...] about Markets steady as US jobs report comes in under forecast

Privacy Policy | Terms and Conditions | About/ Contact
Copyright © 2023 · ACME News Journal . Log in