Total Volume Surges in March to Surpass 700K TEUs
The Port of New York and New Jersey ended the first quarter of 2024 with a surge in volume, posting the most significant gains of the quarter and surpassing 700,000 TEUs for the first time in 2024. Total volume reached 701,648 TEUs (386,868 containers), a 22 percent increase from the 574,452 TEUs (321,103 containers) posted in March 2023. This increase in volume is due to manufacturing restarting overseas following the Lunar New Year holiday. This number brings the port’s first-quarter total to 2,001,449 TEUs (1,104,759 containers), a 12 percent increase from the same period in 2023. Imports (TEUs) rose by 23.5 percent in March totalingRead More →