Subscribe to our free, weekly email newsletter!


Management Update: Port of Oakland revival.

By Staff
April 01, 2010

With the arrival of three new container cranes from Shanghai last month, the Port of Oakland is anticipating increased cargo throughput. According to Omar Benjamin, the port's executive director, Oakland had a 30 percent increase in its maritime cargo imports and an 11 percent increase in outbound cargo exports compared to a year ago. “There are glimmers of economic recovery on the horizon,” Benjamin said. “And people are beginning to feel the negative news of the past several months beginning to thaw and give way to better days.” In a letter to shippers, Benjamin also noted that Union Pacific Railroad recently opened its Donner Pass route located in the Sierra Nevada mountain range to domestic double-stack intermodal container freight traffic.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers, 375 to be exact, exit the business.

Global demand remains stable as packaging equipment providers of all sizes shift focus

Six straight days without a ship waiting for berth

Freight forwarders were relieved to learn yesterday that U.S. Customs and Border Protection (CBP) would be delaying its Automated Commercial Environment (ACE) implementation.

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Article Topics

Management Update · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA