Port of Oakland

Port of Oakland Board appoints first female Executive Director

The Oakland Board of Port Commissioners has appointed Kristi McKenney as the new executive director of the Port, following the announcement of Danny Wan’s retirement on 28 February.

“I’m grateful and excited for this opportunity to lead during such a transformative time in Port history. I look forward to implementing the Port’s 5-year Strategic Plan that will help grow local employment and contracting opportunities and strengthen our economic base,” stated McKenney.

McKenney’s appointment was...

https://container-news.com/port-of-oakland-board-first-female-executive-director/

Port of Oakland unveils 2025-2030 Strategic Plan

The Oakland Board of Port Commissioners has approved the Port’s Strategic Plan for 2025-2030, outlining a comprehensive blueprint for the next five years.

The plan prioritizes market growth, job creation, and the modernization of the facilities and operations, reflecting the Californian port’s commitment to progress and innovation.

“The Port is a growing, vibrant center for regional and international commerce, travel, recreation, and clean energy innovation,“ said Port of Oakland Commission...

https://container-news.com/port-of-oakland-strategic-plan/

Port of Oakland expects return to pre-pandemic cargo volumes

The Port of Oakland saw surging container imports continue in November, the 13th straight month of increased loads for the Northern California gateway. 

Full imports increased 13.1% in November from the same month in 2023. The port handled 80,580 twenty-foot equivalent units, compared to 71,258 TEUs a year ago.

“We are optimistic that strong container volume will continue through the end of the year,” said Carolyn Almquist, the port’s manager of business development and international marketing....

https://www.freightwaves.com/news/port-of-oakland-expects-return-to-pre-pandemic-cargo-volumes

Port of Oakland on track to return to pre-Covid volumes

Port of Oakland’s total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.

“We are optimistic that strong container volume will continue through the end of the year,” pointed out Port of Oakland Manager of Business Development and International Marketing Carolyn Almquist. “We expect to be on track to return to our pre-pandemic baseline cargo numbers. Our total inbound and outbound volume is up, and agricultural exports are boosting our...

https://container-news.com/port-of-oakland-on-track-to-return-to-pre-covid-volumes/

Port of Oakland secures US$10.5 million grant for vehicle electrification

The Environmental Protection Agency (EPA) has awarded the Port of Oakland US$10.5 million through its Clean Heavy-Duty Vehicle grant program.

The funding will support the transition from fossil-fuel-powered vehicles to zero-emissions (ZE) technology across Oakland, Richmond, and San Francisco.

This grant is part of the Biden-Harris Administration’s US$735 million Investing in America initiative, which allocates US$135 million to 13 projects in California to replace heavy-duty vehicles with ZE...

https://container-news.com/port-of-oakland-secures-us10-5-million-grant-for-vehicle-electrification/

Moody’s affirms Port of Oakland’s A1 stable rating

Moody’s Investors Service has affirmed the Port of Oakland’s senior lien rating at A1 with a stable outlook.

This rating underscores the Californian port’s robust liquidity, strong debt service coverage ratio, controlled capital expenditure plans, and substantial long-term debt capacity.

Moody’s highlighted several key factors supporting this credit rating:

  • A diverse and economically stable service area that drives demand for both cargo and travel.
  • The Oakland Seaport’s strategic role as Northern...

https://container-news.com/moodys-affirms-port-of-oaklands-a1-stable-rating/

Port of Oakland reports container volume growth

The Port of Oakland continues to experience growth in container volumes.

“Overall, the Port’s loaded import cargo is trending towards its pre-pandemic level,” stated Bryan Brandes, Maritime Director at Port of Oakland.

He added, “This steady increase in import volume in 2024 is an encouraging trend. We are also seeing a rise in US agricultural exports through Oakland. Thanks to refrigerated warehousing on Port property near the maritime terminals and convenient truck and rail access, we are...

https://container-news.com/port-of-oakland-reports-container-volume-growth/

China’s Greater Bay Area to rival New York and Silicon Valley as global tech and economic hubs

The Greater Bay Area (GBA) initiative is a cornerstone of Beijing’s long-term vision for economic development and global competitiveness.

By integrating Hong Kong, Macau, and nine cities in Guangdong province into a cohesive economic cluster, the GBA aims to rival leading global economic hubs like the New York Metropolitan Area and the San Francisco Bay Area.

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https://container-news.com/chinas-greater-bay-area-to-rival-new-york-and-silicon-valley-as-global-tech-and-economic-hubs/

Port of Oakland exports 235,899 TEUs of agricultural commodities in 2024

The Port of Oakland remains a critical gateway for US agricultural exports. By October 2024, the Port has shipped 235,899 TEUs of agricultural commodities, with a combined value of nearly US$8.5 billion.

Oakland leads all US ports in international refrigerated export trade by TEU volume, a position it has held for seven consecutive years.

“The Port of Oakland is a major international gateway for California’s and the nation’s farmers. Agricultural exports are especially important commodities for...

https://container-news.com/port-of-oakland-exports-235899-teus-of-agricultural-commodities-in-2024/

Port of Oakland secures historic US$322 million federal grant

The U.S. Environmental Protection Agency (EPA) has awarded US$322 million to the Port of Oakland to accelerate its transition to nearly 100% zero-emissions cargo operations.

The Californian port’s ambitious and community-driven proposal, titled “Community Led, Business Supported, Proven and Ready to Go! Transforming the Port of Oakland to Zero Emissions,” represents a historic investment in green initiatives at the seaport. Together with contributions from the Port and local partners, this...

https://container-news.com/port-of-oakland-secures-historic-us322-million-federal-grant/

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