Oakland’s A-Grade Performance Not Just Dependent on China — Panjiva


Oakland’s A-Grade Performance Not Just Dependent on China

China 1758 Corp - Ports 661 Corp - Shipping 608 Japan 381 Mode - Containerized 1005 Mode - Seaborne 1273 South Korea 383 U.S. 3297

Container handling through the Port of Oakland saw a growth rebound in June with a 6% rise on a year earlier, though the second quarter was still down 2%. The improvement was down to a 6% rise in imports to reach a record high on a 10% bounce in Chinese traffic. Expected duties on $34 billion of products, implemented as of July 6 by the Trump administration, drove the latter though a 56% surge in shipments from South Korea and 20% from Japan shows the value of the port management’s attempts to attract new business. Should Chinese traffic decline the container-lines may choose to restruct...

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