At a press conference held last week, the New York Shipping Association (NYSA) released its 2017 report, The Economic Impact of the New York-New Jersey Port Industry. The seventh iteration of this study, the document examines the Port of New York and New Jersey’s economic activity in 2016, and concludes that “The significant economic contribution the Port of New York and New Jersey makes to this region [was] demonstrated once again” during that year. The document shows that, in the two years since NYSA’s previous Economic Impact report, which covered 2014, the port has significantly increased the number of jobs it offers, as well asRead More →

Hanjin Shenzen

In a new study of the economic impacts of United States seaports on the nation economy, including those of the Port of New York and New Jersey, the evidence is overwhelming: seaports deliver prosperity. An updated report of the benefits that U.S. ports contribute to the prosperity of the nation was released on April 21 at the American Association of Port Authorities’ (AAPA) 2015 Spring Conference meeting in Washington, D.C. There, Dr. John Martin, president of Lancaster, Pa.-based Martin Associates, a leading provider of economic and strategic assessments of the world” transportation systems, debuted his firm” 2014 National Economic Impact of the U.S. Coastal PortRead More →