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Efficiency Task Force News

11 Nov 2018

Port of Oakland Cargo Volume Up Despite Tariff Battle

A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018, stated the Port authorities.But can it last? That’s the question supply chain experts pondered this week at the quarterly meeting of the Port’s Efficiency Task Force. Forty trade and transportation executives ranging from longshore labor representatives to cargo owners gathered to discuss trade dynamics. Their consensus: cargo volume is spiking right now but could drop by January.“We’re peaking,” said a major U.S. West Coast freight forwarder, “but it may not go on much longer.”Here were the trends noted by Task Force members assembled in Oakland: Warehouses are filling up as U.S.

24 Jun 2018

Oakland Port Expects Rise in Cargo Volume

Port of Oakland import volume should grow at a steady pace in the coming peak season. There’s a wild card, however: global trade tension. That was the cautionary outlook delivered yesterday at a meeting of the Port’s Efficiency Task Force. Members of the advisory panel of customers, labor and transportation leaders forecast 2 percent growth in containerized imports from August through October. They added, however, that a looming U.S.-China trade war could dampen Oakland cargo volume. “We’ve seen a peak season pattern of steady volume growth over the last three years,” said Port of Oakland Maritime Director John Driscoll. Recently imposed tariffs threaten to weaken demand for commodities shipped in ocean containers.

01 Apr 2018

Port of Oakland Forecasts Steady Growth

Containerized cargo volume moving through Port of Oakland is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message Port of Oakland officials delivered to trade and transportation leaders here this week. “This is good, measured growth that’s not debilitating for our community or our operations,” Executive Director Chris Lytle told a meeting of the Port’s 55-member Efficiency Task Force. The Port boss said investment in facilities and infrastructure is boosting Oakland’s global trade status. Projects range from a new logistics campus to an online information gateway for cargo owners.

02 Apr 2018

Investments set Oakland Port on growth path

Containerized cargo volume moving through this city is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message Port of Oakland officials delivered to trade and transportation leaders here this week. “This is good, measured growth that’s not debilitating for our community or our operations,” Executive Director Chris Lytle told a meeting of the Port’s 55-member Efficiency Task Force. The Port boss said investment in facilities and infrastructure is boosting Oakland’s global trade status. Projects range from a new logistics campus to an online information gateway for cargo owners. Mr.

09 Nov 2015

Energy Firms Partner to Cut Costs in the North Sea

Photo: Petrofac

Petrofac, Faroe Petroleum and Eni Hewett have established a cost-saving partnership to drive efficiencies and commercial synergies across U.K. operations in the Southern North Sea. The tripartite agreement sees collaboration between Petrofac (Duty Holder) and the respective equity owners and operators of the Hewett, Schooner and Ketch gas fields to share logistics and accommodation services across the facilities. Faroe Petroleum is operator and 60 percent equity holder in the Schooner and Ketch fields, and Eni Hewett is operator and 89 percent equity holder in the Hewett complex.