Last year was a record breaking year for the Port of New York and New Jersey. In 2018, we crossed the 7 million TEUs (20-foot equivalent units) mark for the first time. To be exact, the Port moved 7,179,788 TEUs through its terminals in 2018, a 7 percent increase over last year.  The momentum continued through the last month of the year with total volume, import loads, and export empties showing the following gains in December: Total volume increased by 12 percent, totaling 609,390 TEUs (346,926 containers) versus 543,966 TEUs (311,843 containers) in December 2017. Import loads (TEUs) were up by 15.7 percent when compared toRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

Last year was a record-breaking one at the Port of New York and New Jersey. For the first time in its history, which dates back to when the first container ship sailed across New York Harbor in 1956, the Port broke the 7 million TEU (20-foot equivalent units) mark. The record-setting amount of cargo (7,179,788 TEUs) exceeded the previous year’s quantity by almost 7 percent. The boost was fueled by an 8.2 percent increase in imported goods, including clothing, furniture, electronics, and other products, over the previous record for imports set in 2017. The ensuing growth also resulted in the port handling one-third of allRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

This year has been one of the best on record for the Port of New York and New Jersey. October set a new all-time record with 658,708 TEUs (374,275 lifts), an increase of 11.9% from October 2017 which had 588,848 TEUs (334,324 lifts). Import loads (TEUs) were up by 11.1% in October 2018 compared to the previous year and export loads (TEUs) increased by 7.9% in October 2018 compared to October 2017. Export empties showed a significant increase in October, rising 16.7% for a total of 187,027 TEUs versus 160,288 TEUs in October 2017. Imports Import loads for October totaled 339,602 TEUs (193,008 lifts) comparedRead More →

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In: Cargo Volumes

Overview The Port of New York and New Jersey hit a monthly record in September. Total volume for September 2018 was 603,034 TEUs (341,676 lifts) versus 573,458 TEUs (327,045 lifts) in September 2017, a 5.2% increase. Import loads (TEUs) were up by 5.7% in September 2018 vs. September 2017 and export loads (TEUs) increased 2.6% in September 2018 vs. September 2017. Export empties increased 6.1% totaling 180,880 TEUs in September 2018 versus 170,414 TEUs in September 2017. Imports Import loads for the month of September totaled 304,125 TEUs (172,737 lifts) versus 287,753 TEUs (163,648 lifts) in September 2017, a 5.7% increase. For period January thruRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

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