The Port of Oakland this week reported June loaded import volume grew 1.9% year-over-year.
“The gain was unexpected given that shipping lines canceled 10% of their scheduled Oakland visits due to the trade-related impact of the coronavirus,” the port said.
The port attributed the uptick in imports to retailers accelerating shipments to the United States because of capacity restrictions as shipping lines continue to cancel sailings, as well as to an anticipated hike in freight rates.
Oakland’s...
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