The Port of Oakland moved 193,062 TEUs in June with the box volume increase showing a sign of return to pre-pandemic levels.
Full imports jumped 26.8%, with 84,040 TEUs handled by the California port operators in June 2024, in contrast to 66,295 TEUs in June 2023, marking the highest monthly total since August 2022.
“We are seeing promising signs from ocean carriers and importers, who are beginning to increase their inventories in preparation to meet holiday and year-end shopping demand,” said Port of Oakland Maritime Director Bryan Brandes. “The peak season usually begins in late summer to early fall, but this year it appears to be early. July is forecasted to ease a bit with the rest of the year continuing with strong volumes.”
Full exports saw an increase of 22.9%, with 66,540 TEUs transiting in June 2024. Full exports continue to recover from the depressed volumes seen during the pandemic and have stabilized around 65,000 to 70,000 TEUs each month.
Additionally, empty imports declined 11.1%, with 10,237 TEUs passing through Port facilities in June, while empty exports rose 35%, with 32,244 TEUs.
