Chart of the Week: Inbound Ocean TEU Volume Index – Port of Oakland, Outbound Tender Volume INdex – San Francisco, Stockton SONAR: IOTI.USOAK, OTVI.SFO, OTVI.SCK
Shippers are booking over two times the amount of freight coming into the Port of Oakland as this time last year — a trend that could make the Northern California markets a much more favorable destination for truckload providers as evidenced by the increasing outbound tender volumes.
Normally a backhaul region, or an area that consumes...
https://www.freightwaves.com/news/port-of-oakland-becomes-next-overflow-valve-for-shippers