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Cargo Volumes (Page 18)

Port of NY & NJ Makes an Impressive Showing in May 2017

Lifts at the Port of New York and New Jersey were 6.7 percent better in May 2017 compared to the same month, previous year. The port handled 325,373 lifts (565,052 TEUs) for a new monthly record overall. Hitting this mark made May 2017 one of the top five best months in Port of NY & NJ history. Import loads also rose 4.8 percent for May 2017 over May 2016 at 163,367 lifts. Export loads rose 2.8 percent to 66,520 lifts while empties rose 13.2 percent 94,031 lifts. Year-to-date volumes of 1,520,939 lifts (2,645,069 TEUs) beat the same count for 2016 by 4.9 percent. At 767,873Read More →

2017-07-11
On: July 11, 2017
In: Cargo Volumes

Governor Christie Announces Navigational Clearance Achieved at Bayonne Bridge

Governor Chris Christie announced today the early completion of a new navigational clearance level at the Bayonne Bridge. The new clearance of 215 feet will allow environmentally friendly cargo vessels of up to 18,000 TEUs to access marine terminals in Elizabeth, Newark, and Staten Island. The Bayonne Bridge’s lower roadway removal was completed seven months ahead of a revised year-end schedule to increase clearance capacity from 151 feet and the maximum vessel size from 9,800 TEUs. “This historic project will create all kinds of jobs and billions of dollars in activity to New Jersey and this region,” Governor Christie said. “All major shipping lines willRead More →

2017-06-08
On: June 8, 2017
In: Capital Investments, Cargo Volumes, Industry News/Advisory

Metropolitan Rail Freight Council Releases Action Plan to Increase Rail Freight Capacity in NYC Metro Area

The Metropolitan Rail Freight Council (MRFC), a coalition of public and private organizations dedicated to promoting greater rail freight use in the New York-New Jersey metropolitan region, has released its first Action Plan. The Port Authority of New York and New Jersey (PANYNJ) is a founding member of the MRFC, along with the New York City Economic Development Corporation (NYCEDC). The Action Plan is a guidance document outlining recommended steps to create growing rail freight capacity and volumes while investing in and preserving rail freight infrastructure, creating quality jobs, promoting environmental sustainability, creating an infrastructure bank, and ensuring a more resilient freight supply chain forRead More →

2017-05-25
On: May 25, 2017
In: Cargo Volumes, Industry News/Advisory

Port Authority Now ‘Unbuilding’ the Old Bayonne Bridge

This article was originally presented as “Unbuilding the Bayonne Bridge” by Neal Buccino, posted at the The Port Authority of New York and New Jersey’s Portfolio blog.   The Bayonne Bridge “Raise the Roadway” project was designed to lift the span of the Bayonne Bridge to accommodate a new generation of bigger commercial ships. This effort posed an unprecedented engineering challenge: building a new bridge over the old roadway, while the existing one was still open and carrying traffic. The work is progressing well. Recently, the U.S. Coast Guard Sector New York and pilot organizations lifted air draft restrictions enabling vessels carrying up to 9,800Read More →

2017-05-24
On: May 24, 2017
In: Capital Investments, Cargo Volumes, Industry News/Advisory

January Shatters More Records at Port of NY & NJ

Cargo volumes at the Port of New York and New Jersey beat several records in January 2017. Container volumes hit a new monthly high with a total of 296,432 lifts or 517,668 TEUs for an increase of 8.3 percent over totals logged in January 2016. Loaded import containers hit 149,757 lifts for an increase of 5.5 percent over January 2016. Loaded export containers hit 61,740 lifts for an increase of 8 percent over January 2016. Export empties also topped monthly totals from the previous year, logging 83,731 units for an increase of 14.6 percent. Complementing these tallies, rail volumes saw their best January ever withRead More →

2017-03-07
On: March 7, 2017
In: Cargo Volumes
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