Speakers: Port of Oakland a ‘center of gravity’ for trade and travel
Oakland, CA.–(November 18, 2016): The Port of Oakland can be a “center of gravity” for trade and travel because of its competitive advantages. That’s the word from two transportation experts whose companies rely on the Port, to move people and cargo. They told an audience here last week that key infrastructure projects and geography give […]
Port of Oakland: What’s behind the 2016 export rally
Oakland, CA. – (Nov. 15, 2016): Growth in high-value agricultural shipments is driving a containerized export boom at the Port of Oakland. The Port released new figures today showing sizable increases in fruit, nut and meat exports destined primarily for Asia. The agricultural surge has lifted Oakland total export volume 10 percent over 2015 levels […]
Port of Oakland export boom reaches a three-year high
Oakland, CA – (Nov. 7, 2016): Port of Oakland export volume reached a three-year high in October, soaring 20 percent over 2015 totals. The Port reported today that it shipped the equivalent of 89,473 export containers last month. That was the most since Oct. 2013, the Port said, and the fourth-largest monthly total in its […]
Oakland International Airport welcomes British Airways
Oakland, CA: (November 1, 2016) – Starting next spring, Bay Area residents can choose British Airways when traveling from Oakland International Airport (OAK), thanks to the start of the renowned carrier’s nonstop Oakland to London service, starting March 28, 2017. The new service will make British Airways the only European airline to operate from all three […]
Port of Oakland terminal OK to expand, could start in November
Oakland, Calif. – Oct. 31, 2016: Work could begin next month to nearly double the size of the Port of Oakland’s second-largest marine terminal. TraPac LLC said today it’s ready to begin construction on a 57-acre expansion at the Port’s Outer Harbor. The Board of Port Commissioners approved the project at a meeting Oct. 27. […]
Truck diesel emissions at Port of Oakland down 98 percent in past decade
Oakland, Calif. – October 28, 2016: Diesel emissions from trucks serving the Port of Oakland declined 98 percent between 2005 and 2015. In that same timeframe, ship emissions dropped 75 percent. Those were the key findings of an emissions inventory the Port released today. The results indicate the Port is advancing its 2008 commitment to […]
Sunday Harvest Festival at Jack London Square Farmers Market
Oakland, Calif. – October 27, 2016: Jack London Square will transform into a Harvest Festival this Sunday, October 30, from 9 AM to 2 PM. The festival includes free tastings, food demos, kids’ activities and a pie contest. Halloween costumes are welcome. Visitors can try their hand at cider pressings using heirloom organic apples from local […]
September passenger traffic growth at Oakland International rises 9.6%
OAKLAND, CA: (October 26, 2016) — Officials at Oakland International Airport (OAK) announced that the Airport has now marked its 34th consecutive month of passenger traffic growth. September culminated in a 9.6% increase over the same period in 2015. The upturn represents a total of 1,017,790 passengers served at the airport during the month. It served […]
Port of Oakland revenue held steady in FY ‘16 though tenant left
Oakland, CA. – (Oct. 18, 2016): Port of Oakland operating revenue held steady in FY 2016 despite the departure of a bankrupt tenant. The Port said today its operating revenue for the year ending June 31 was $338 million. That was a record for the Port, up 0.4 percent from the old record of $336.6 […]
Port of Oakland debt upgraded by Fitch Ratings
Oakland, CA. – (Oct. 17, 2016): Port of Oakland intermediate lien revenue bonds have been upgraded by Fitch Ratings to A from A-. Fitch has also affirmed the A+ rating on the Port’s senior lien revenue bonds. The rating outlook for both liens is stable. Fitch issued its rating update October 14. It said the […]