Port of Oakland’s container volumes rebounding
NewsOakland still has some way to go to get back to its performance in the first four months of the years 2018 to 2021, when it averaged 801,245 TEU over the four-month period.
The Port of Oakland has concluded a deal with TraPac to allow it to expand into part of the Outer Harbor Terminal (OHT) left vacant when Ports America Outer Harbor Terminal filed for bankruptcy in February this year, leaving empty its two leaseholds covering berths 20-26. The port and TraPac have agreed terms that will allow TraPac to expand its footprint from 66 acres to approximately 123 acres, with an initial term of 14 years. The new lease covers some of berth 24, the majority of berths 25 a
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