Oakland becomes latest US port to suffer import crash
Oakland becomes the latest US port to suffer import crash
March 13th, 2020–PortTechnology.com
Oakland has joined fellow US west coast ports Los Angeles and Long Beach in suffering drops in traffic, as it saw its imports decline by 9.2% year-on-year (YoY). The drop was attributed to the coronavirus, which has seen a slump in Chinese exports as factories stayed shut for far longer than usual after the Lunar New Year.