Supply chain experts have warned that the record container volume levels at the Port of Oakland, which is up 2.7% over 2017, are largely due to frontloading. • Ports up and down the West Coast have reported unprecedented cargo volume growth since mid-summer. While the port is heading for its third consecutive year of record cargo levels, insiders said this year's results are largely accelerated orders to beat the imposition of the tariffs due to the US-China trade war, with many predicting a sharp drop in January once the measures come into full effect. The US has imposed 25% duties on steel and 10% on aluminum imports from China, Canada, Mexico and other countries.
Supply chain experts have warned that the record container volume levels at the Port of Oakland, which is up 2.7% over 2017, are largely due to frontloading. While the port is heading for its third consecutive year of record cargo levels, insiders said this year's results are largely accelerated orders to beat the imposition of the tariffs due to the US-China trade war, with many predicting a sharp drop in January once the measures come into full effect. The US has imposed 25% duties on steel and 10% on aluminum imports from China, Canada, Mexico and other countries.