Capital investments on behalf of The Port Authority of New York and New Jersey result in the long-term economic growth for the port industry, according to the 2020 Economic Impact Study by the New York Shipping Association. Investments close to $2.9 billion across projects spanning waterside, terminal, and landside infrastructure and equipment have reshaped and repositioned the Port to meet 21st-century needs. The raising of the Bayonne Bridge in 2017, has enabled neo-Panamax vessels exceeding 14,000 TEUs to call on all container terminals at the Port of New York and New Jersey. Additional significant investments included terminal buildings and berths, cargo handling equipment, intermodal railRead More →

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In: Capital Investments, Econ Insight

The completion of CSX Transportation’s DeWitt Rail Yard modernization project offers the potential for the Port of New York and New Jersey to further its goal of moving more freight through its $600 million ExpressRail on-dock rail system. The Port of New York and New Jersey has seen a significant increase in the share of rail cargo to 17 percent of overall volumes as a result of the ExpressRail network expansion, including four operational facilities. The DeWitt modernization project is designed to lower shipping costs and make the region’s commodities more competitive. The enhanced rail yard in Syracuse, operated by CSX Transportation, will provide weekdayRead More →

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In: Capital Investments, Cargo Volumes, Industry News/Advisory, Terminal News

Completed in June of 2019, ExpressRail Port Jersey, operated by GCT Bayonne, is the fourth and final piece in The Port Authority of New York and New Jersey’s $600 million ExpressRail intermodal network. The system also includes facilities in Elizabeth, Newark and Staten Island. In a recent interview for Inbound Logistics’ podcast, Port Authority employees Bob LaMura, Commercial Manager, and Cory Wyatt, Intermodal Rail Development Manager, discussed the importance of the completion of the ExpressRail network and its impact on the future of shipping from the Port of New York and New Jersey. Listen to the podcast below: Source provided by Inbound Logistics.Read More →

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In: Capital Investments, Industry News/Advisory, Terminal News

New framework will build on previous plan, which saw the Bayonne Bridge raised, port channels deepened to 50 feet, container terminals expanded, roadway capacity increased and the ship-to-rail network completed; Master plan released as port is experiencing record growth in cargo volume, pushing it into the position of No. 2 in the nation for the first time in two decades, surpassing the Port of Long Beach The Port Authority today unveiled its “Port Master Plan 2050,” a comprehensive document that lays out a flexible roadmap for the next generation of land-use and infrastructure development projects at the Port of New York and New Jersey, allowing itRead More →

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In: Capital Investments, Industry News/Advisory, Port Master Plan

Improved productivity, cost savings, and environmentally smart. Those are just a few benefits of new state-of-the-art gate technology available at several container terminals in the Port of New York and New Jersey. As the third largest port in the U.S., handling about 3.8 million containers per year, predominately to a local market, the efficiency and productivity of drayage truck operations are critical to the port. Each of the port’s major container terminals (APM Terminals, GCT Bayonne, GCT New York, Maher Terminal, Port Newark Container Terminal and Red Hook Container Terminal) is using or installing innovative technology at the inbound and outbound gate complexes to helpRead More →

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In: Capital Investments, Industry News/Advisory