Sam Ruda will move from deputy port director to interim port director, as Molly Campbell leaves top port job to accept prestigious fellowship with Harvard University’s Advanced Leadership Initiative in 2019 The Port Authority announced today that Sam Ruda, who joined the Port Authority in 2017 after a 25-year career in transportation that included 12 years in senior management at the Port of Portland, will be the agency’s new interim port director, effective Monday, Oct. 29. The bi-state agency has initiated a national search for a permanent director. Currently the department’s deputy director of business development and strategy, Mr. Ruda has provided the Port DepartmentRead More →

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In: Cargo Volumes, Industry News/Advisory

On Monday, July 16th, the Port of New York and New Jersey’s Port of Newark Container Terminal (PNCT) unveiled its new state-of-the-art gate system which optimizes the customer experience and creates a more efficient flow. Through technological enhancements including optical character recognition (OCR) devices, upgraded weigh in motion machines, heightened security measures allowing for TWIC proxy reads; trucker turn times will be reduced by more than 25%. This strategic effort is a part of a much larger $500 million expansion plan focused on enhancing the capabilities of the terminal. The launch of the new gate system completes the first step in the expansion and increasesRead More →

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In: Safety and Security, Terminal News

The Trump administration’s recent imposition of tariffs on certain goods means that importers may need higher bond amounts to comply with the higher tariff rates. The tariffs, which include the section 232 tariff applied to steel and aluminum imports and the section 301 tariff applied to goods imported from China, increase the amount of duties payable by importers. Since Customs Border Protection (CBP) determines sufficiency of continuous bonds through duties, taxes, and fees on a rolling 12-month basis, it’s crucial for importers to understand the new tariff changes and adhere to CBP’s requirements to avoid bond insufficiency. Having an insufficient bond can lead to cargoRead More →

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In: Industry News/Advisory

Increased use of waterways will provide additional freight transportation capacity along the congested I-95 corridor to supplement trucks in moving cargo to and from the Port of New York and New Jersey The Port Authority of New York and New Jersey and New York City Economic Development Corporation (NYCEDC) today announced the creation of the North Atlantic Marine Highway Alliance, which will seek to foster the use of barge services to offset the use of trucks and supplement rail cargo to and from the Port of New York and New Jersey. Recognizing the untapped potential and excess capacity of the coastal waterways, the Alliance willRead More →

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In: Capital Investments, Events

The Port of New York and New Jersey hit an all-time monthly record in August. Total volume for August 2018 was 651,752 TEUs (371,710 lifts) versus 631,404 TEUs (361,565 lifts) in August 2017, a 3.2% increase. Import loads (TEUs) were up by 4% in August 2018 vs. August 2017 and export loads (TEUs) decreased 0.2% in August 2018 vs. August 2017. Export empties increased 4.3% totaling 191,521 TEUs in August 2018 versus 183,655 TEUs in August 2017. Import loads for the month of August totaled 333,567 TEUs (189,383 lifts) versus 320,848 TEUs (183,466 lifts) in August 2017, a 4% increase. For period January through AugustRead More →

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In: Cargo Volumes, Monthly Cargo Volumes