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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In: Cargo Volumes

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

In the final executive broadcast of 2020, Port Director Sam Ruda provides updates and reviews the challenging year at the Port of New York and New Jersey. The video covers topics ranging from COVID-19 adjustments to performative metrics in Q3 and Q4. Ruda details the measures taken to overcome the pandemic’s challenges and discusses the year-end rebound of container volumes, rail, and auto sectors.  To stay connected and hear the latest updates from the Port of New York and New Jersey, visit www.portnynj.com. Read More →

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In: Cargo Volumes, Industry News/Advisory

Total volume at the Port of New York and New Jersey rose by 13.4 percent in October, posting 755,437 TEUs (419,744 containers) versus 666,381 TEUs (374,805 containers) in October 2019. This increase brings our year through October total to 6,137,859 TEUs (3,452,130 containers). October imports totaled 405,415 TEUs (224,835 containers) compared to 340,952 TEUs (191,655 containers) in October 2019, an 18.9 percent increase. From January through October 2020, imports at the Port of New York and New Jersey reached 3,198,861 TEUs (1,788,425 containers) versus 3,195,511 TEUs (1,804,364 containers) in the same period of 2019, a 0.1 percent increase. Exports in October at the Port totaledRead More →

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In: Cargo Volumes, Monthly Cargo Volumes