Cargo volume at the Port of New York and New Jersey declined in May, a result linked to the global pandemic. Total volume for May 2020 was 537,412 TEUs (304,132 lifts) versus 643,706 TEUs (366,366 lifts) in May 2019, a 16.5 percent decrease. The loss brings our year through May total to 2,854,319 TEUs (1,616,608 lifts). Imports for May totaled 267,008 TEUs (152,380 lifts) versus 341,943 TEUs (194,298 lifts) in May 2019, a 21.9 percent decrease. For the period of January through May 2020, imports at the Port of New York and New Jersey reached 1,452,122 TEUs (820,006 lifts) compared to 1,550,462 TEUs (879,671 lifts) in the same period of 2019,Read More →

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In: Cargo Volumes, Industry News/Advisory, Monthly Cargo Volumes, Terminal News

For the month of April, the Port of New York and New Jersey’s rail business continues to demonstrate growth as the total rail volume, January through April, is 6.0 percent greater than in the same period in 2019. From a month to month comparison however, rail volume decreased 0.8 percent from 56,911 last  April, to 56,479 containers for April 2020.  Total volume for April was 559,929 TEUs (318,389 lifts) versus 605,263 TEUs (344,862 lifts) in April 2019, a 7.5 percent decrease. This brings our year through April total to 2,316,907 TEUs (1,312,476 lifts). Imports for the month of April totaled 285,363 TEUs (163,038 lifts) versusRead More →

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In: Cargo Volumes, Industry News/Advisory, Monthly Cargo Volumes

The Port of New York and New Jersey continues to maintain a strong supply chain as the end of Q1 marks increasing numbers for our rail practice. Rail volume increased 1.5 percent from the previous year’s March figure, totaling 59,771 containers for March 2020. Total volume for March 2020 was 560,830 TEUs (318,521 lifts) versus 585,098 TEUs (333,688 lifts) in March 2019, a 4.1 percent decrease. Import loads (TEUs) were also down 4.1 percent in March 2020 in comparison to March 2019, export loads (TEUs) increased 5.2 percent in March 2020 vs. March 2019. Import loads for the month of March totaled 271,511 TEUs (154,926Read More →

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In: Cargo Volumes, Industry News/Advisory, Monthly Cargo Volumes

The Port of New York and New Jersey is fully operational and continues to work closely with our port partners to ensure cargo fluidity throughout the region and beyond. The unique and unprecedented nature of the COVID-19 health crisis has prompted the Port to mitigate the possibility of container bottlenecks at its marine terminals once import volumes begin to rebound and shippers are faced with potential warehouse closures or storage constraints. To address these potential supply chain disruptions, a survey was conducted amongst warehouse operators to identify available warehousing in the region and has amassed a list of facilities with additional storage capacity that rangeRead More →

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In: Cargo Volumes

The Port of New York and New Jersey moved 55,595 containers by rail in February 2020, a 12.2 percent increase over the previous year. This number marks a February best for rail cargo at the Port. February was also a good month for total volume at the Port of New York and New Jersey. A total of 579,124 TEUs (326,370 lifts) were posted in February compared to 585,216 TEUs (332,484 lifts) the previous year. The 1.0 percent decrease in total volume represented the second-best February on record at the Port, bringing the yearly total to 1,196,148 TEUs (675,566 lifts). Imports (TEUs) rose by 1.8 percentRead More →

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In: Cargo Volumes, Industry News/Advisory, Monthly Cargo Volumes