The Port of New York and New Jersey continues to maintain a strong supply chain as the end of Q1 marks increasing numbers for our rail practice. Rail volume increased 1.5 percent from the previous year’s March figure, totaling 59,771 containers for March 2020. Total volume for March 2020 was 560,830 TEUs (318,521 lifts) versus 585,098 TEUs (333,688 lifts) in March 2019, a 4.1 percent decrease. Import loads (TEUs) were also down 4.1 percent in March 2020 in comparison to March 2019, export loads (TEUs) increased 5.2 percent in March 2020 vs. March 2019. Import loads for the month of March totaled 271,511 TEUs (154,926Read More →

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

The Port of New York and New Jersey moved 55,595 containers by rail in February 2020, a 12.2 percent increase over the previous year. This number marks a February best for rail cargo at the Port. February was also a good month for total volume at the Port of New York and New Jersey. A total of 579,124 TEUs (326,370 lifts) were posted in February compared to 585,216 TEUs (332,484 lifts) the previous year. The 1.0 percent decrease in total volume represented the second-best February on record at the Port, bringing the yearly total to 1,196,148 TEUs (675,566 lifts). Imports (TEUs) rose by 1.8 percentRead More →

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Rail volume surged in January at the Port of New York and New Jersey, setting an all-time monthly record. January’s rail volume increased by 12.3 percent from the previous year’s figure, totaling 61,415 containers. After a record-setting year in 2019 for cargo and passenger volume, the Port of New York and New Jersey wrapped up the first month of 2020 with steady total volume numbers. Total volume for January included 617,024 TEUs (349,196 lifts), a 0.9 percent decrease from the previous year’s 622,531 TEUs (355,374 lifts). Imports in January totaled 324,644 TEUs (183,697 lifts) versus 328,361 TEUs (187,406 lifts) in January 2019, a 1.1 percentRead More →

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The year 2019 will be remembered as one of growth at the Port of New York and New Jersey. Following a successful 2018, where the port crossed the 7 million TEUs (20-foot equivalent units) mark for the first time, 2019 broke that record to end the year with a total of 7,471,131 TEUs (4,238,107 lifts), a 4.1 percent increase. This record-breaking number of loaded imports boosted the port’s standing to become the second busiest port in the nation in 2019. A glance at 2019: Imports at the Port of New York and New Jersey in 2019 reached 3,788,479 TEUs (2,150,283 lifts), a 2.6 percent increaseRead More →

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The Port of New York and New Jersey hit record volumes in both rail cargo and overall container throughput for November. Total volume for November 2019 reached 599,626 TEUs (338,857 lifts), a 2.7 percent increase over the 583,880 TEUs (331,242 lifts) posted the previous year. The increase brings the yearly total to 6,886,388 TEUs. Imports (TEUs) totaled 302,460 TEUs (171,273 lifts) in November, a 0.5 percent decrease over the 303,881 TEUs (172,839 lifts) posted in November 2018. From January through November 2019, imports at the Port of New York and New Jersey reached 3,497,971 TEUs (1,985,948 lifts) versus 3,374,482 TEUs (1,927,563 lifts) recorded during theRead More →

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