The momentum of record-breaking container volume continued in the new year, setting an all-time high in January. Total volume for January 2019 rose by 6.3 percent, posting 622,531 TEUs (355,374 lifts) versus 585,864 TEUs (335,282 lifts) in January of 2018. This increase represents the fifth highest monthly volume ever recorded at the Port of New York and New Jersey. Import loads (TEUs) also rose, showing a 5.9 percent increase in January 2019 compared to 2018, although export loads (TEUs) decreased by 0.9 percent in January 2019 when compared to the previous year. Export empties also showed large gains in January, increasing by 12.5 percent, totalingRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

Last year the Port Authority of New York and New Jersey became the first public transportation agency in the country to embrace the Paris Climate Agreement, a United Nations-sponsored pact to bring the world’s countries together to fight climate change and reduce greenhouse gas emissions. In support of the agreement, the Port Authority set an interim target to reduce its greenhouse gas emissions by 35 percent by 2025, and a long-term goal to reduce all emissions related to the agency’s facilities by 80 percent by 2050. We have already made progress. Since 2008, the Port Authority has reduced its GHG emissions by 13 percent comparedRead More →

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In: Environmental Initiatives

Last year the Port of New York and New Jersey celebrated a major milestone by handling more than 7 million TEUs for the first time. We also made improvements at our rail facilities, which helped boost the amount of cargo we moved last year by 13.8 percent. We kicked off 2019 with the opening of the new ExpressRail Port Jersey facility, an achievement that kept pace with the Port Authority’s five-year goal to expand rail capacity for cargo destined outside the region. This year we are also unveiled a new look—a modern logo that reflects the Port of New York and New Jersey and itsRead More →

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In: Industry News/Advisory

Last year was a record breaking year for the Port of New York and New Jersey. In 2018, we crossed the 7 million TEUs (20-foot equivalent units) mark for the first time. To be exact, the Port moved 7,179,788 TEUs through its terminals in 2018, a 7 percent increase over last year.  The momentum continued through the last month of the year with total volume, import loads, and export empties showing the following gains in December: Total volume increased by 12 percent, totaling 609,390 TEUs (346,926 containers) versus 543,966 TEUs (311,843 containers) in December 2017. Import loads (TEUs) were up by 15.7 percent when compared toRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

Last year was a record-breaking one at the Port of New York and New Jersey. For the first time in its history, which dates back to when the first container ship sailed across New York Harbor in 1956, the Port broke the 7 million TEU (20-foot equivalent units) mark. The record-setting amount of cargo (7,179,788 TEUs) exceeded the previous year’s quantity by almost 7 percent. The boost was fueled by an 8.2 percent increase in imported goods, including clothing, furniture, electronics, and other products, over the previous record for imports set in 2017. The ensuing growth also resulted in the port handling one-third of allRead More →

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In: Cargo Volumes, Monthly Cargo Volumes