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

Dear friend of the Port of NY & NJ,   Let me recap the good news for anyone who missed our State of the Port event on Monday, February 5, 2018. In 2017, the Port of NY & NJ: Raised the Roadbed of the Bayonne Bridge and welcomed the CMA CGM T. Roosevelt, a 14,414 TEU container ship and the largest vessel ever to call our berths. Advanced a Port Master Plan that guides and supports the growth of our port over the next three decades. Broke our annual cargo volume record by 5.3% while also beating 2016 numbers for rail lifts and imported autos by 14.3% and 16% respectively. Cut the port’s impact onRead More →

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In: Capital Investments, Cargo Volumes, Council on Port Performance, Industry News/Advisory, Port Master Plan, Trade Stats

On Monday, February 05, 2018, the Port of New York and New Jersey announced that cargo volumes for 2017 had shattered the existing annual cargo volume record set in 2015 by 5.3 percent. Specifically, during 2017, the port handled 6,710,817 TEUs compared to 6,371,720 TEUs handled in 2015. The record volumes were attributed partially to completion of the Bayonne Bridge Navigational Clearance Project in June 2017. But by any measure, the new record allowed the port to cement its position as the third largest port in the United States with a 15.4 percent market share of the nation’s cargo, and the busiest port on theRead More →

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In: Cargo Volumes, Industry News/Advisory

Cargo tallies continued their growth trend at the Port of New York and New Jersey in November. Year-to-date over 2016, November 2017 showed a 7.7 overall growth for the port in terms of TEUs handled (6,166,851 over 5,723,821). This growth broke down to: a 6.3 percent increase in import TEU loads (3,122,103 over 2,937,980); a 4 percent increase in export TEUs loads (1,294,229 over 1,244,555); and a 5.6 percent increase in total TEU loads (4,416,332 over 4,182,535). Year-to-date over 2016, November 2017 also showed a 4 percent increase in the total number of rail lifts, logging 518,959 over November 2016’s 498,021. By month-to-month comparison againstRead More →

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In: Cargo Volumes, Industry News/Advisory

   Today, two prominent chassis providers in the Port of New York and New Jersey —  TRAC Intermodal and DirectChassisLink, Inc. (DCLI) — have collocated their operations on Bay Avenue in Port Elizabeth to provide greater efficiency in chassis supply and maintenance.  “This development is another step in the Port of New York and New Jersey’s commitment to provide smooth and efficient port operations,” said Beth Rooney, assistant director of the Port Department at The Port Authority of New York and New Jersey. “Now that larger, next-generation container vessels have begun to call our port, we need to make sure we have sufficient equipment on hand toRead More →

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In: Cargo Volumes, Industry News/Advisory, New Programs