Continuing the streak, the Port of New York and New Jersey hit another monthly record in May. Total volume for May 2018 was 593,625 TEUs (340,890 lifts) versus 565,052 TEUs (325,373 lifts) in May 2017, yielding a 5.1% increase. Import loads (TEUs) were up by 6.6% in May 2018 vs. May 2017 and export loads (TEUs) increased 9.3% in May 2018 vs. May 2017. Rail volume soared 19.6% from the previous year’s May, hitting a monthly record with 57,732 containers. This makes three consecutive months of rail volume above 50,000 containers. Rail volume, January through May 2018, is 16.6% greater than in the same periodRead More →

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In: Cargo Volumes, Industry News/Advisory

On June 8th the Port of New York and New Jersey recognized the one-year anniversary of the raising of the Bayonne Bridge. The bridge now yields a navigational clearance of 215 feet resulting in the passage of larger ships, record cargo volume and economic growth for the Port. A year after completion, 107 vessels in excess of 9,500 TEUs (20-foot-long cargo containers, the shipping industry’s standardized measurement) have called on port terminals in Newark, Elizabeth and Bayonne, N.J. and in Staten Island. The bridge raising now provides the ability for ships that can carry up to 18,000 20-foot-long cargo containers to navigate under it. Currently,Read More →

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In: Cargo Volumes, GCT Bayonne, Port Master Plan

On Wednesday, May 23, the Carnival Horizon arrived in the Port of New York and New Jersey at the Manhattan Cruise Terminal, Pier 88, to host its official naming ceremony. To commemorate its inaugural U.S. sailing and naming, Assistant Director of the Port Department, Bethann Rooney, presented Captain Luigi De Angelis, a 21-year veteran of the Carnival Cruise Line, with a special a plaque on Tuesday, June 5th. Carnival Horizon, the 26th ship of the Carnival Cruise Line fleet, is the second of three ships in the Carnival Vista Class. She will operate a summer schedule through September consisting of four-day Bermuda and eight-day CaribbeanRead More →

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The Port of New York New Jersey hit another monthly record in April 2018. Total volume for the month of April was 551,117 TEUs. Although import loads were down by 2.1% in April 2018 vs. April 2017, most likely due to a late Chinese New Year, export loads increased 12.9% in April 2018 vs. April 2017. This is the third month in a row that export loads have increased by double digits when compared against 2017. Export empties totaled 142,664 TEUs in April 2018 versus 146,242 TEUs in April 2017 (-2.4%). Our rail volume also hit another monthly record with 51,777 containers in April. ThisRead More →

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In: Cargo Volumes, Industry News/Advisory

Continuing the streak of strong growth, the Port of New York and New Jersey had its best March in its history. Total volume for March 2018 was 572,576 TEUs. The Port experienced a 12.7 percent growth from March 2017 volume of 508,270 TEUs. The Port saw significant growth in both imported and exported TEU loads. The growth is broken down to: March 2018 imported TEU loads increased 15.5 percent when compared to March 2017, exported TEU loads increased 14.8 percent. 2018 first quarter total volume of 1,680,361 TEUs (inclusive of loads and empties) is 9.6 percent greater than the 2017 first quarter figure of 1,533,004Read More →

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In: Cargo Volumes, Industry News/Advisory