Port of Oakland real estate view: tough now, but ‘sky’s the limit’
EDITOR’S NOTE: For Commercial Real Estate update video, click HERE Oakland, Calif. – July 15, 2020: COVID-19 has caused upheaval for Port of Oakland tenants, but its Commercial Real Estate Director says don’t despair. Better times are coming. “This is a fantastic place to be,” the Port’s Pamela Kershaw said in a video interview today. […]
Port of Oakland imports up 1.9 percent in June
Oakland, Calif. – July 9, 2020: Port of Oakland loaded import volume grew 1.9 percent last month from June 2019, according to data released today. The gain was unexpected given that shipping lines canceled 10 percent of their scheduled Oakland visits due to the trade-related impact of coronavirus. The Port attributed the uptick in imports to retailers […]
Added flights at Oakland International Airport prompt full reopening of Terminal 2
Oakland, Calif. – July 1, 2020: July will welcome added air travel opportunities for Bay Area residents and visitors as airlines increase capacity at Oakland International Airport (OAK). During the month, Southwest Airlines, Spirit Airlines, Alaska Airlines, and Volaris will each increase flights at OAK after industry-wide declines caused by COVID-19. Hawaiian Airlines is scheduled to resume […]
Port of Oakland Oks FY 2021 budget midst COVID-19 crisis
Oakland, Calif. – June 29, 2020: Coronavirus-induced business declines have prompted the Port of Oakland to curtail Fiscal Year 2021 spending plans. Port Commissioners last week approved a budget for next year down 15.84 percent from FY 2020 levels. The Port budget projects $432.5 million in operating and capital expenditures and debt service payments next […]
Port of Oakland leaders send message to East Bay businesses: Fly OAK first
Oakland, Calif. – June 25, 2020: The Port of Oakland and its Oakland International Airport (OAK) are aiming to reinvigorate air travel by taking its message of resilience directly to the East Bay’s business community. The air travel industry has begun to show signs of recovery in Oakland after industry-wide declines due to the COVID-19 pandemic. As […]
Port of Oakland Board President speaks out for social justice
EDITOR’S NOTE: For Board President video, click HERE Oakland, Calif. – June 19, 2020: Port of Oakland Board President Ces Butner denounced social injustice today as West Coast dockworkers prepared to protest racism. The Port must stand up for what’s right, President Butner declared in an online video interview distributed to employees and the public. […]
Port of Oakland’s largest terminal gets three giant cranes in fall
Oakland, Calif. – June 18, 2020: Three cranes able to load the world’s largest container ships will soon be headed to the Port of Oakland. Shanghai-based manufacturer ZPMC said this week that construction of the ship-to-shore behemoths is nearing completion in China. The cranes are due at Oakland International Container Terminal Sept. 14, according to […]
Airport recovery underway as passengers more than double from April to May
Oakland, CA: (June 16, 2020) – Oakland International Airport (OAK) today announced that newly-released data for May 2020 show passenger traffic activity inching up from April. The Airport counted 105,593 passengers for the month, more than double the 45,819 passengers in April. Traffic is still 91.2% behind the same period in 2019. The upward trend is expected […]
Port of Oakland picks longtime shipping vet as Maritime Director
Oakland, Calif. – June 12, 2020: Longtime shipping industry executive Bryan Brandes has been named Maritime Director at the Port of Oakland. The Port said today he was selected following a nationwide search. Mr. Brandes, a 25-year maritime veteran, replaces John Driscoll who left to manage the Alabama State Port Authority. Mr. Brandes will lead […]
Port of Oakland loaded box volume declines in May as expected
Oakland, Calif. – June 11, 2020: Port of Oakland loaded container volume decreased 12.7 percent last month from May 2019 totals, according to data released today. The Port had been expecting cargo decline due to continued COVID-19 impacts on global shipping. The Port pointed to lower consumer demand in domestic and foreign markets, both driven […]