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GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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03 Feb 2025 / Oakland, United States
Port of Oakland experienced a solid 2024, processing 2.26 million TEUs (twenty-foot containers), representing a 9.5% increase over 2023. The 2024 cargo data reflects a long-term growth trend in consumer spending in the San Francisco Bay Area and in the rest of the country…
…On the full container side, imports saw a strong 15% increase in 2024, while exports grew by 5.4% year over year, highlighting balanced growth across key markets. Despite an 8% decline in the overall U.S. refrigerated (reefer) market in 2024, the Port of Oakland demonstrated resilience, limiting reefer volume declines to just 4%, thereby significantly outperforming broader market trends. Leading the reefer category were beef (36,000 TEUs) and pork (31,000 TEUs), with most of this cargo handled directly at the port.
In the dry cargo market, imports were led by furniture (110,000 TEUs), plastic products (60,000 TEUs), and batteries (37,000 TEUs), with the latter contributing $6.7 billion in cargo value. On the export side, wastepaper dominated with nearly 130,000 TEUs, while the export of nuts reached an impressive 83,000 TEUs, valued at over $4 billion…
(For information about operations in the United States, contact GAC North America at [email protected])
Source: Extract from Port of Oakland news release dated 31 January 2025