Skip to content
Search AI Powered

Latest Stories

Port of Oakland says it has left pandemic-era congestion behind

July container stats show steady rise in loaded boxes over same month last year

oakland 51407078093_7f130c7dfb_c.jpg

The Port of Oakland is declaring that it has left pandemic-era congestion behind, based on July statistics showing that cargo is flowing more smoothly, as measured by vessel calls continuing an upward trajectory and the length of time each ship spends at berth having decreased.

The port said that loaded container volume climbed in July to its highest level since October 2022. Full twenty-foot containers (TEUs) grew 16.8% in July with the Port handling 136,181 TEUs compared to 116,629 TEUs in that month last year.


Although exports showed a sizable increase compared to the same period last year, July 2022 container volumes were abnormally low. And despite the spike in exports, July 2023 volume is lower than the 2023 monthly average year-to-date.

Meanwhile, empty imports increased 16.5% or 14,196 TEUs in July 2023, compared to 12,185 TEUs in July 2022, while empty exports declined 1.2%, registering 31,179 TEUs in July 2023, down from 31,542 TEUs in July 2022.

Overall, the figures show that a smoother container flow should help the port capture a chunk of the increase in demand, leaders said. “We are encouraged to see container volumes gradually rebounding,” Port of Oakland Maritime Director Bryan Brandes said in a release. “The Port is making great investments at the Oakland Seaport to foster growth which ultimately benefits the local economy and helps power local jobs.”
 
 
 

 

The Latest

More Stories

aerial photo of warehouses

Prologis names company president Letter to become new CEO

Logistics real estate developer Prologis today named a new chief executive, saying the company’s current president, Dan Letter, will succeed CEO and co-founder Hamid Moghadam when he steps down in about a year.

After retiring on January 1, 2026, Moghadam will continue as San Francisco-based Prologis’ executive chairman, providing strategic guidance. According to the company, Moghadam co-founded Prologis’ predecessor, AMB Property Corporation, in 1983. Under his leadership, the company grew from a startup to a global leader, with a successful IPO in 1997 and its merger with ProLogis in 2011.

Keep ReadingShow less

Featured

AI sensors on manufacturing machine

AI firm Augury banks $75 million in fresh VC

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said today.

According to Augury, its goal is deliver a new generation of AI solutions that provide the accuracy and reliability manufacturers need to make AI a trusted partner in every phase of the manufacturing process.

Keep ReadingShow less
AMR robots in a warehouse

Indian AMR firm Anscer expands to U.S. with new VC funding

The Indian warehouse robotics provider Anscer has landed new funding and is expanding into the U.S. with a new regional headquarters in Austin, Texas.

Bangalore-based Anscer had recently announced new financial backing from early-stage focused venture capital firm InfoEdge Ventures.

Keep ReadingShow less
Report: 65% of consumers made holiday returns this year

Report: 65% of consumers made holiday returns this year

Supply chains continue to deal with a growing volume of returns following the holiday peak season, and 2024 was no exception. Recent survey data from product information management technology company Akeneo showed that 65% of shoppers made holiday returns this year, with most reporting that their experience played a large role in their reason for doing so.

The survey—which included information from more than 1,000 U.S. consumers gathered in January—provides insight into the main reasons consumers return products, generational differences in return and online shopping behaviors, and the steadily growing influence that sustainability has on consumers.

Keep ReadingShow less

Automation delivers results for high-end designer

When you get the chance to automate your distribution center, take it.

That's exactly what leaders at interior design house Thibaut Design did when they relocated operations from two New Jersey distribution centers (DCs) into a single facility in Charlotte, North Carolina, in 2019. Moving to an "empty shell of a building," as Thibaut's Michael Fechter describes it, was the perfect time to switch from a manual picking system to an automated one—in this case, one that would be driven by voice-directed technology.

Keep ReadingShow less