Port of Oakland witnesses 10 per cent cargo volume increase in 2024

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Port of Oakland witnesses 10 per cent cargo volume increase in 2024

The Port of Oakland has revealed that overall cargo volume increased 10 per cent year-to-date (YTD) from January to November 2024, compared to the same period in 2023.

Full imports climbed 13.1 per cent in November 2024 compared to November 2023 volume.

The port handled 80,580 TEUs, compared to 71,258 TEUs in 2023. November marked the 13th consecutive month of loaded container increase at the Oakland Seaport.

Full exports increased by 8.5 per cent to 66,619 TEUs traversing port facilities in November 2024, up from 61,390 TEUs in November of prior year.

READ: Port of Oakland enjoys steady container volume growth

Empty imports decreased 14.8 per cent, with 12,028 TEUs passing through the port in November 2024, compared to 14,118 TEUs in November 2023.

Empty exports increased 14.7 per cent in November 2024. The port handled 22,495 TEUs in November, compared to 19,613 TEUs in the same month the previous year.

Port of Oakland Manager of Business Development and International Marketing Carolyn Almquist, said: “We are optimistic that strong container volume will continue through the end of the year. We expect to be on track to return to our pre-pandemic baseline cargo numbers. Our total inbound and outbound volume is up, and agricultural exports are boosting our outbound cargo business.”

In November 2024, the Port of Oakland announced a 10 per cent increase in container volume in Q4 2024 compared to the same period last year.

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