You’d be forgiven if you thought the last few years in the shipping world felt more like a white-knuckle roller coaster ride than a smooth voyage at sea. But as over 200 regional supply chain leaders came together at the Jersey City waterfront for the 2024 State of the Port of New York and New Jersey, the message was clear: The seaport has emerged stronger after these few years of the unexpected. “It is clear that the state of the Port of New York and New Jersey is strong,” said Port Authority Executive Director Rick Cotton with myriad of harbor activity as his backdrop. “WhatRead More →

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In: Capital Investments, Cargo Volumes, Environmental Initiatives, Events, Industry News/Advisory, Monthly Cargo Volumes

In November 2023, the Port of New York and New Jersey moved 644,439 TEUs (355,788 containers). This number represents a 10.9 percent decrease over last year’s November figure of 723,069 TEUs (400,202 containers) and brings the port’s year-through November total to 7,176,126 TEUs (3,976,774 containers).  Imports also fell slightly (7.2 percent) in November compared to the previous year, totaling 324,559 TEUs (179,757 containers) versus 349,658 TEUs (194,678 containers). From January through November, imports at the Port of New York and New Jersey reached 3,663,904 TEUs (2,032,469 containers) versus 4,500,840 TEUs (2,493,621 containers) in the same period of 2022, an 18.6 percent decrease.  Exports increased byRead More →

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In: Cargo Volumes

In October, the Port of New York and New Jersey recorded its highest total monthly volume of 2023, moving 742,571 TEUs (409,680 containers). The seaport was the nation’s second busiest through the month as retailers pushed to receive the remainder of products destined for store shelves in time for the holiday shopping season. The total monthly volume represents a 6.3 percent decrease compared to the 792,548 TEUs (438,007 containers) recorded in October 2022. The January through October total volume is 6,531,687 TEUs (3,620,986 containers).  Imports in October were down slightly (0.2 percent) compared to the previous year, totaling 381,756 TEUs (210,684 containers) and 382,453 TEUsRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

In September, the Port of New York and New Jersey recorded 660,553 TEUs (363,853 containers), a 21.6 percent decline in total volume compared to the previous year’s 842,219 TEUs (465,685 containers). This number brings the seaport’s total volume for the year through September to 5,789,116 TEUs (3,211,306 containers). The numbers reflect a resetting of cargo volumes following record setting years in 2021 and 2022.  Imports declined in September compared to the previous year, totaling 339,033 TEUs (186,994 containers) and 423,424 TEUs (234,352 containers) in September 2022, a 19.9 percent decrease. Since January, imports at the Port of New York and New Jersey reached 2,957,589 TEUsRead More →

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In: Cargo Volumes

After a busy July that saw the Port of New York and New Jersey record its largest total cargo volume since October 2022, August brought a normalizing of activity to pre-pandemic levels at the port. The port moved 662,740 TEUs (366,339 containers) in August versus 843,191 TEUs (466,640 containers) in August 2022, a 21.4 percent decrease, which brings its total volumes handled through August to 5,128,563 TEUs (2,847,453 containers). These declines are largely due to U.S. retailers continuing to draw from their overstock of inventory that was delivered during the record cargo surge over the past two years. Imports decreased by 18.6 percent in AugustRead More →

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In: Cargo Volumes