Port of Oakland officials attributed a July import cargo volume gain to U.S. retailers restocking inventories depleted during the coronavirus pandemic, but they’re not shopping for party hats just yet.
The California port reported a 6.4% year-over-year increase in containerized import shipments in July, much better than the 1.9% step up in June and welcome news after monthly declines from February through May.
But Bryan Brandes, the Port of Oakland’s maritime director, cautioned against reading...
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