Continuing its recovery to 2019 volume levels, the Port of New York and New Jersey surpassed its all-time September record as factories and manufacturers around the world ramped up activity in preparation for the holiday season and growing concerns of future supply chain disruptions. The Port reported total volume of 720,969 TEUs (399,803 containers) for September 2020, which was a 15.4 percent increase from the September 2019 totals of 624,961 TEUs (352,098 containers) i. This new record brings the Port’s volume through September to 5,382,422 TEUs (3,032,386 containers).  The seaport’s recovery was the lone bright spot in the overall financial performance of The Port Authority of New York and New Jersey, which reported last month continuing declines in revenue primarily due to low passenger volumes at the agency’s major airports, low ridership onRead More →

Seven months into the COVID-19 global pandemic, with closures and restrictions all around us, the Port of New York and New Jersey remains open and fully operational. Container volumes have rebounded sharply, consistent with the elimination of most “blank sailings.” In August, the Port returned to 2019 levels, setting a new all-time monthly container record, including a new record for intermodal rail volume. At almost 65,000 lifts, the port-wide intermodal ExpressRail system handled 7.8 percent more volume than August 2019, with overall rail volume up 1.4 percent year-to-date through August 2020.     Following the Golden Week celebration (October 1-8), just two blank sailings remain on Transpacific services calling on the Port of New York and New Jersey. Currently, projections indicate that container volume will remain strong for the rest of the year. Maintaining cargo supply chain fluidity remains a primary objective for the Port Authority of New York and NewRead More →

Volumes at the Port of New York and New Jersey rose across the board in July compared to the previous month. The effects of COVID-19 impacted June’s total volume numbers, but July’s total volume increased to 607,463 TEUs (342,124 lifts) compared to 511,306 TEUs (290,454 lifts) in June. July’s total volume numbers show an 8.4 percent decrease compared to July 2019, which had 662,994 TEUs (376,135 lifts). July’s numbers bring our year to date total to 3,973,088 TEUs (2,249,186 lifts). Imports for July totaled 328,864 TEUs (184,667 lifts) versus 338,728 TEUs (191,691 lifts) in July 2019, a 2.9 percent decrease. For January through July 2020,Read More →

The worldwide pandemic impacted June’s total volume numbers at the Port of New York and New Jersey. In June, the Port had 511,306 TEUs (290,454 lifts) compared to 611,027 TEUs (347,294 lifts) in June 2019, a 16.3 percent decrease in total volume. This number brings our year through June total to 3,365,625 TEUs (1,907,062 lifts), a 7.9 percent decrease from the previous year. Imports for June totaled 266,836 TEUs (151,581 lifts) versus 303,309 TEUs (172,502 lifts) in June 2019, a 12 percent decrease. From January through June 2020, imports at the Port of New York and New Jersey reached 1,718,958 TEUs (970,226 lifts), a 7.3Read More →

Cargo volume at the Port of New York and New Jersey declined in May, a result linked to the global pandemic. Total volume for May 2020 was 537,412 TEUs (304,132 lifts) versus 643,706 TEUs (366,366 lifts) in May 2019, a 16.5 percent decrease. The loss brings our year through May total to 2,854,319 TEUs (1,616,608 lifts). Imports for May totaled 267,008 TEUs (152,380 lifts) versus 341,943 TEUs (194,298 lifts) in May 2019, a 21.9 percent decrease. For the period of January through May 2020, imports at the Port of New York and New Jersey reached 1,452,122 TEUs (820,006 lifts) compared to 1,550,462 TEUs (879,671 lifts) in the same period of 2019,Read More →