The January numbers are a reversal of import and export volume trends recorded by the port last year. During all of 2006, import volumes rose 4.9 percent to 877,649 TEUs. Export loads in 2006 fell 0.8 percent to 840,127 TEUs over the previous year. Empty containers jumped 14 percent to 673,822 TEUs.
Oakland, the state's third-busiest port, has shown steady growth for more than a decade, only falling into the negative once, in 2001.
At the same time, the Pacific Shipper magazine is reporting that Mediterranean Shipping Co. will cancel a planned express service between Oakland and Asia after a lukewarm response from shippers.
'The volume just wasn't there,' Allen Clifford, MSC vice president, told the Times. 'We don't take a 'build it and they will come' attitude. MSC doesn't drop rates to gain market share or fill vessels.'
He said MSC would continue regular services through Oakland, but that the Asia/Oakland service had been scrapped for now.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now