East Bay Economic Development Alliance Quarterly Forcast
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 Research Facts & Figures > Economic Forecasts & Updates > August 2008 Monthly Analysis > Trade & Transport

TRADE & TRANSPORT

TEU Traffic & Airline Passengers

The traffic of imports transported in full twenty-foot equivalent (TEU) containers at the Port of Oakland have posted year-over-year decreases since the beginning of 2008, while exports have continued to grow. Both import and export empty TEUs declined in July 2008 when compared with July 2007.

Oakland International and San Jose Mineta Airports continued to see year-over-year decreases in passenger traffic in June, as San Francisco Airport continued to post annual growth.  Various air carrier closures and reductions in the number of flights have caused ridership numbers at Oakland International and San Jose MIneta to trend downward since the fall of 2007.  This trend has sent more traffic to SFO as airlines consolidate flights to metropolitan areas in an effort to cut down on costs.

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