The Port of New York and New Jersey ended the first quarter of 2024 with a surge in volume, posting the most significant gains of the quarter and surpassing 700,000 TEUs for the first time in 2024. Total volume reached 701,648 TEUs (386,868 containers), a 22 percent increase from the 574,452 TEUs (321,103 containers) posted in March 2023. This increase in volume is due to manufacturing restarting overseas following the Lunar New Year holiday. This number brings the port’s first-quarter total to 2,001,449 TEUs (1,104,759 containers), a 12 percent increase from the same period in 2023.  Imports (TEUs) rose by 23.5 percent in March totalingRead More →

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The Port of New York and New Jersey posted gains in total volume, imports, exports, rail, and autos in February 2024, making it the second-busiest February in its history. Total volume for February included 632,455 TEUs (349,792 containers), which represents a 10.7 percent increase compared to the 571,177 TEUs (316,792 containers) recorded in February 2023. So far this year, the port moved a total of 1,299,801 TEUs (717,891 containers).  Imports rose by 15.2 percent in February, accounting for 332,241 TEUs (183,665 containers) versus 288,314 TEUs (159,748 containers) recorded the previous February. From January through February, the Port of New York and New Jersey imported 675,031Read More →

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The Port of New York and New Jersey started the new year with robust volume and auto numbers. Total volume for January 2024 rose by 3.4 percent from the previous year, totaling 667,346 TEUs (368,099 containers), compared to 645,430 TEUs (358,046 containers) in January 2023. Autos posted double-digit gains, as 35,302 autos moved through the Port of New York and New Jersey in January, a 22.1 percent rise compared to January 2023. The port was the second busiest in the nation for loaded imports and exports in January 2024, handling 447,514 loaded TEUs. This was 2.6 percent above January 2023 levels. Imports were up 5.8 percentRead More →

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The Port of New York and New Jersey finished 2023 with volume totals that exceeded 2019’s pre-COVID numbers by 4.4 percent. December’s total volume added to the positive numbers, reaching 633,925 TEUs (351,402 containers), a 3.4 percent increase compared to the 613,011 TEUs (341,108 containers) recorded in December 2022. This number brings the Port of New York and New Jersey’s 2023 total to 7,810,005 TEUs (4,328,153 containers). Imports also rose in December at the Port of New York and New Jersey. Compared to the previous year, imports increased by 7.5 percent, totaling 326,412 TEUs (180,534 containers) and 303,596 TEUs (169,605 containers). For 2023, total importsRead More →

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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