Port of Oakland OKs new high-power line to plug in more ships
Oakland, Calif. – August 14, 2017: Port of Oakland officials said today they’ve commissioned new equipment bolstering efforts to curb diesel emissions from ships. The Port OKd a high-voltage cable system that will connect more vessels to Oakland’s landside power grid. The Port said the breakthrough will accelerate the program that has helped cut emissions […]
Port of Oakland sets all-time record for imports in a month
Oakland, Calif. – August 9, 2017: The Port of Oakland last month set an all-time record for import cargo, handling the equivalent of 84,835 loaded 20-foot import containers. That was the most for a single month in its 90-year history, breaking the previous record of 84,023 containers set in March 2015. The Port said that […]
Port of Oakland sees five-years of record volume starting in ’18
Oakland, Calif. – Aug. 8 2017: Port of Oakland maritime officials anticipate a five-year run of record cargo volume beginning next year. By 2022, the Port expects to handle the equivalent of 2.6 million 20-foot containers annually. It would be 8 percent more volume than the Port has ever processed in a single year. The […]
Port of Oakland sells bonds to refinance $324 million in debt
Oakland, Calif. – Aug. 7, 2017: The Port of Oakland said today it has completed the sale of bonds to lower debt costs. The Port said its $324 million refinancing will save $44 million in debt service payments over 13 years. Proceeds from the sale will be used to refund 2007 bonds issued to finance […]
Port of Oakland should gain as China opens rice market to U.S.
Oakland, Calif. – Aug. 3, 2017: A new U.S.-China trade pact should increase rice exports here, the Port of Oakland said today. The deal opening China’s market to American growers will likely strengthen Oakland’s link in the global food chain. American rice exports could enter China as soon as 2018 following approval of a trade […]
Port of Oakland-based firm first to test battery-powered big rig
Oakland, Calif. – Aug. 2, 2017: A major Port of Oakland-based trucking operator plans to test battery-powered big rig technology here in September. GSC Logistics said today it will launch a three-year trial with a heavy-duty, all-electric truck. The test is part of a statewide effort to determine the feasibility of zero-emission freight hauling. GSC, […]
Jack London Square’s triple play of special events starts Wednesday
Oakland, Calif. – August 1, 2017: Jack London Square packs a punch this week with three special events beginning Wednesday. Party Under the Palms is tomorrow from 5:30-8:00PM at Embarcadero and Webster Streets. This is the first event of its kind at the Square featuring creative drinks and small bites made from peak-season produce. All […]
Oakland International finishes fiscal year 2017 with strong passenger traffic gains
Oakland, CA: (July 31, 2017) – Oakland International Airport released June traffic reports today, revealing passenger growth of 9.4% over June 2016. Total passengers increased from 1,113,508 in June 2016, to 1,218,265 this year. Seat capacity grew by 6.5% during the month. Passenger traffic for the last 12 months increased 8.4% over the prior year […]
Port of Oakland applauds likely OK of longshore pact extension
Oakland, Calif. – July 28, 2017: Port of Oakland officials today applauded word that West Coast longshore workers will likely approve a three-year contract extension. The International Longshore and Warehouse Union said that early coastwide election results indicate support for extending an existing pact with waterfront employers through July 1, 2022. Ratification of the vote […]
Oakland International Airport makes room for more international arrivals
Oakland, CA: (July 28, 2017) – As passenger traffic continues to climb, Oakland International Airport (OAK) today opens the first phase of its expanded International Arrivals Building (IAB) in Terminal 1. The $45 million construction project, which began in August 2016, includes 13,000 sq. ft. of additional space incorporating a new baggage carousel and an […]