Biggest container cranes ever on the way to Port of Oakland
Oakland, CA – December 22, 2020: Towering new cranes are coming to the Port of Oakland to handle the massive ships calling the seaport. These new cranes will be the tallest ever at Oakland, and rank among the largest in the U.S. Stevedoring Services of America (SSA) is investing in the three giant cranes for its marine terminal at Oakland […]
Port of Oakland import cargo volume up in November
Oakland, CA – December 15, 2020: Full import containers at the Port of Oakland were up just under 1% in November 2020 compared to November of last year. Loaded export boxes at the Oakland seaport dipped 2.6% in November 2020 compared to the same month in 2019. Full import containers in November 2020 totaled 78,045 TEUs (one TEU is the equivalent of a 20-foot container). This figure was 0.9 percent higher than November 2019 loaded imports which totaled 77,367 TEUs. Although […]
Port of Oakland refinances to save $87 million in future debt payments
Oakland, Calif. – December 8, 2020: The Port of Oakland said today it is refinancing $544 million of debt with its new bond offerings. The public agency completed its bond pricing Nov. 19, 2020. Due to favorable market conditions, the Port expects to achieve net present value savings of approximately $87 million. In quite simple […]
Port of Oakland imports jump 10.4 percent
Oakland, Calif. – November 18, 2020: The Port of Oakland today said October imports grew 10.4 percent compared to October 2019. The Port also said containerized export volume was down 0.5 percent when compared to October 2019. Total TEUs for October were 216,686, up 5.8 percent compared to October 2019 when TEUs were 204,880. The Port attributed […]
Port of Oakland names Acting Communications Director
Oakland, Calif. – Oct. 16, 2020: The Port of Oakland today named Robert Bernardo its Acting Communications Director beginning Nov. 10. Mr. Bernardo, the Port’s Media/Public Relations Manager, replaces Communications Director Mike Zampa who retires next month. Mr. Bernardo will manage a three-person staff responsible for internal, external and executive communications, the Port said. He […]
East Bay EDA Legacy Award 2020 goes to the Port of Oakland
Oakland, Calif. – October 14, 2020: The East Bay Economic Development Alliance (East Bay EDA) plans to honor the Port of Oakland at its 2020 Innovation Awards event tomorrow, Oct. 15, for its significant contributions as a long-standing generator of jobs and economic vitality in the region. The Legacy Award will be presented at the 8th annual East […]
Port of Oakland has best September ever for import volume
Oakland, Calif. – October 14, 2020: The Port of Oakland experienced its best September ever for import cargo volume. The Port said 93,916 twenty-foot (TEU) full import containers last month beat a 2019 record of 84,901 TEUs. The Port also said today that containerized import volume jumped 10.6 percent in September compared to 2019 totals. […]
Port of Oakland reports unaudited Fiscal Year 2020 results
Oakland, Calif. – Sept. 30, 2020: Despite a 37.6 percent drop in net income compared to the prior year, the Port of Oakland is on a sustainable path due to managed reduction in expenses. That’s what the Port’s governing Board heard in a presentation last week on Fiscal Year 2020 unaudited financial performance. The Port reported […]
Port of Oakland strategy, investments will lead to business recovery
Oakland, Calif. – Sept. 28, 2020: Strategic initiatives and investment in operational improvements are the Port of Oakland’s solutions to post-pandemic business recovery and future growth. That is the message the Port’s Maritime Director delivered to the Pacific Transportation Association at its Zoom meeting this month. “We are determining our strategic initiatives right now,” said […]
Port of Oakland import volume up for third straight month
Oakland, Calif. – Sept. 17, 2020: Import cargo volume increased for the third consecutive month at the Port of Oakland in August. The Port said today that containerized import volume jumped 9 percent in August compared to 2019 totals. Exports were also up, 1.4 percent compared to August 2019. The Port said it’s encouraged by the […]