Port officials and employees of GCT USA today welcomed the captain and crew of the MOL Benefactor, the first container vessel to transit the expanded Panama Canal locks and visit an East Coast port, and the largest vessel ever to call on the Port of New York and New Jersey. This event signals a new era in shipping as the port continues to handle the largest vessels now transiting the recently expanded Panama Canal locks. The MOL Benefactor is a new Panama class vessel boasting a 10,100 TEUs (twenty-foot equivalent units) cellular capacity. It is the first vessel to visit any East Coast port afterRead More →

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In: Cargo Volumes, Events, Industry News/Advisory
Port Cranes At Work

Container lifts for February 2016 were 12.4 percent better than those logged in February 2015 according to statistics recently released by the Port of New York and New Jersey. The 287,197 lifts executed in February 2016 also represent a new monthly record for the port. Loaded import containers totaled 148,048 units for a 7.4 percent increase over totals for February 2015. Loaded export containers totaled 61,278 units for an increase of 6.6 percent, while export empty containers totaled 76,037 units, representing an increase of 27.8 percent compared to February 2015. Intermodal rail volume was the best February ever at 41,837 lifts. Rail volumes finished aheadRead More →

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In: Cargo Volumes

  Annual cargo volumes at the Port of New York and New Jersey beat the previous record by more than 10 percent according to figures released today. The port handled 6,371,720 20-foot equivalent units (TEUs) (or 3,664,013 cargo containers) in 2015, an increase of 10.4 percent over the previous record set in 2014. The record volumes allowed the port to maintain its position as the busiest on the East Coast with nearly 30 percent of the nation’s total market share. Despite the increases in cargo, the Port of New York and New Jersey has experienced a 33 percent reduction in port emissions pollutants since 2006Read More →

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In: Cargo Volumes, Events

March 2015 volumes at the Port of New York and New Jersey beat volumes logged in the previous month by 25.5 percent (with 559,264 TEUs handled in March 2015 compared to 445,285 TEUs handled in February 2015). March 2015 volumes also compared favorably to the same month in the previous year. The port handled 484,339 TEUs in March 2014, creating a 15.5 percent boost from this perspective. Port officials say these gains were driven largely by import loads, which rose 23 percent year-over-year to 287,777 TEUs, and export empties, up 28.6 percent year-over-year to 145,436 TEUs. ExpressRail also set a record. The Port Authority’s ship-to-railRead More →

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In: Cargo Volumes, Monthly Cargo Volumes
SHIP UNDER BAYONNE BRIDGE

The strengthening economy, re-routed cargo from the West Coast, plus shifting trade routes and business trends have bumped overall cargo volumes more than 10 percent at the Port of New York and New Jersey for the first two months of the year. January volumes rose 7.8 percent over the previous year while February volumes increased by 13.8 percent. For the same two months, the port logged a 15.9 percent increase in total lifts via ExpressRail, the Port Authority’s dedicated rail system. Vehicle traffic rose as well, with 67,345 vehicles calling the port in January/February 2015 compared to 48,532 for the same two months in 2014Read More →

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In: Cargo Volumes, Terminal News