After starting the year with the highest January on record for volume, the Port of New York and New Jersey continued the record-breaking trend into February with a 7.9 percent increase in overall cargo activity over February 2020. Total volume for February was 625,120 TEUs (347,635 lifts) versus 579,124 TEUs (326,370 lifts) in February 2020, which represents the highest total volume for any February at the Port of New York and New Jersey. Total cargo activity year-to-date rose to 1,346,404 TEUs. Imports at the Port of New York and New Jersey rose by 11.2 percent in February, totaling 334,176 TEUs compared to 300,445 TEUs inRead More →

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After ending 2020 with record-breaking volumes at the Port of New York and New Jersey, the trend continued in the new year with January 2021 as the seaport experienced double-digit growth in cargo activity and the highest January on record for volume. In January, the seaport moved 721,284 TEUs (400,400 lifts) compared to 617,024 TEUs (349,196 rail lifts) in January 2020, a 16.9 percent increase.  Rail volume increased 12.2 percent from the previous year’s monthly figure, totaling 68,880 containers for January 2021. Consumer spending in the U.S. continued to drive demand for goods, leading to higher volume for imports. In January, imports rose by 15.1Read More →

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The tumultuous changes in cargo volume from the COVID-19 pandemic ended with a flourish as the Port of New York and New Jersey recovered their first-half losses to end 2020 with a new container record of 7,585,819 20-foot equivalent units (TEUs), an increase of 1.5 percent from 2019. The pandemic led to vessel-call cancellations, sharp declines in factory production, and restrictions on nonessential business worldwide during the spring and summer of 2020. These actions spurred double-digit declines in imports at the port, resulting in losses of as much as 21.9 percent compared to the same period of 2019. Through the pandemic, however, the Port ofRead More →

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Despite a challenging spring and summer and the most unusual of years, the Port of New York and New Jersey finished 2020 strong with double-digit cargo volume percentage growth in December.  Total volume for December 2020 was 709,075 TEUs (394,889 lifts) versus 584,743 TEUs (330,856 lifts) in December 2019, a 21.3 percent increase. This brings our full-year 2020 volume to 7,585,819 TEUs (4,255,501 lifts), a 1.5 percent increase over 2019 TEU volume of 7,471,131 (4,238,107 lifts).  Import loads (TEUs) were up 24 percent in December 2020 compared to December 2019, totaling 358,325 TEUs (199,628 lifts) versus 288,964 TEUs (163,238 lifts) the previous year. In 2020, import loads at theRead More →

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

Cargo volume at the Port of New York and New Jersey continued to rise for the 4th month in a row, with total volume for November 2020 at 738,885 TEUs (408,482 containers), up 23.2 percent compared to the same month in 2019 when the seaport handled 599,626 TEUs (338,857 containers). With the latest data available for November, the seaport moved a total of 6,876,744 TEUs (3,860,612 containers) so far in 2020. Imports rose by 27.7 percent in November totaling 386,219 TEUs (214,397 containers), which was up from 302,460 TEUs (171,273 containers) in November 2019. From January through November 2020, imports at the Port of NewRead More →

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In: Cargo Volumes, Monthly Cargo Volumes