The Port of Oakland is building a new “Cool Port” facility, due to open in August, that will capitalize in the growth in the fresh produce logistics industry. The port more generally has struggled recently with a rise of just 1% in containerized freight handling in 1Q vs. a year earlier. Total U.S. inbound, seaborne refrigerated container handling expanded 10% in the first quarter, though the longer-term growth of 1% over the past three years is less impressive. Oakland has already begun to grow, with a 4% share of the national total in the past 12 months after its volumes surged 42% in ...
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