From attire to accessories, the right combination of textile, color, and pattern allows us to express our personalities, ambitions, and, most importantly, our sense of style. In New York City, the largest retail market in the country, the desire to shop is fueling a growing apparel market, accounting for more than $15 billion in annual sales. While going to a favorite store to search for a particular item may be easy to do, it is the result of a long, concentrated process—and the Port of New York and New Jersey plays a pivotal role in this process. More than 900 fashion companies are headquartered inRead More →

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In: Econ Insight, Industry News/Advisory

The Port of New York and New Jersey continued its streak of record-setting months through the first quarter of 2019. In March the Port moved 585,098 TEUs (333,688 lifts) compared to 572,576 TEUs (327,096 lifts) in March of 2018. This number represents a 2.2 percent increase over the record set the previous year, and the most ever recorded for the month of March. The increase brought the year’s cargo total to an all-time record of approximately 1,800,000 TEUs (20-foot equivalent units) during the first quarter of 2019, which represents a 6.7 percent increase over the same period in 2018. Import loads for the month ofRead More →

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In: Cargo Volumes, Industry News/Advisory, Monthly Cargo Volumes

Director Sam Ruda takes over East Coast’s largest port at time when cargo volumes continue at record levels; New director tasked with driving continued growth and implementing visionary Port Master Plan, a strategic blueprint to deal with continuing growth over the next 30 years; Bethann Rooney, a 26-year Port Authority veteran, assumes new role as deputy director with oversight responsibility for overall port operations The Port Authority today announced that Sam Ruda, the Port Department’s interim director for the past five months, has been named its new director. Mr. Ruda – who came to the Port Authority in 2015 after a 29-year career in transportation,Read More →

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In: Industry News/Advisory

Last year the Port of New York and New Jersey celebrated a major milestone by handling more than 7 million TEUs for the first time. We also made improvements at our rail facilities, which helped boost the amount of cargo we moved last year by 13.8 percent. We kicked off 2019 with the opening of the new ExpressRail Port Jersey facility, an achievement that kept pace with the Port Authority’s five-year goal to expand rail capacity for cargo destined outside the region. This year we are also unveiled a new look—a modern logo that reflects the Port of New York and New Jersey and itsRead More →

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In: Industry News/Advisory

An updated and enhanced version of PortTruckPass (PTP), the Port of New York and New Jersey’s web based Port Community System portal, is expected to launch by November 19, 2018. The updated version (PTP 2.0) includes: Terminal Information Portal System (TIPS) upgrades. More streamlined features to research container and booking inquiries and vessel schedules. New appointment modules and capabilities. Information for all six container terminals. A mobile app. PTP was developed by the container terminal operators in the Port of New York and New Jersey in partnership with the Port Authority of NY & NJ in 2014. It was the first common portal of itsRead More →

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In: Industry News/Advisory, New Programs