The Port of New York and New Jersey set a new record in October 2019, handling 666,381 TEUs (20-foot equivalent units), a 1.2 percent increase over the previous October record of 658,708 TEUs set in 2018. The October 2019 numbers also represent the third largest cargo volume handled in any month in the history of the port.  The Port Authority’s ExpressRail system also set an October record, handling 57,722 containers, an increase of about 1 percent over the 57,197 containers handled during the previous October record month in 2018. Read the full press release here.Read More →

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

Completed in June of 2019, ExpressRail Port Jersey, operated by GCT Bayonne, is the fourth and final piece in The Port Authority of New York and New Jersey’s $600 million ExpressRail intermodal network. The system also includes facilities in Elizabeth, Newark and Staten Island. In a recent interview for Inbound Logistics’ podcast, Port Authority employees Bob LaMura, Commercial Manager, and Cory Wyatt, Intermodal Rail Development Manager, discussed the importance of the completion of the ExpressRail network and its impact on the future of shipping from the Port of New York and New Jersey. Listen to the podcast below: Source provided by Inbound Logistics.Read More →

On:
In: Capital Investments, Industry News/Advisory, Terminal News

Volume at the Port of New York and New Jersey has soared – solidifying its position as North America’s second largest port and an essential hub in the movement of goods in and out of the United States. As a top tier port, the port handles some of the industry’s newest Ultra Large Container Vessels and gives shippers access to an extensive network of six modern terminals, an on-dock rail network, easy-to-access highways, and nearby distribution centers and warehouses.  Just released statistics show a 6.5 percent increase in total volume for July 2019 from the previous July (662,994 TEUs/376,135 containers versus 622,559 TEUs/354,101 containers). DuringRead More →

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

The pattern of monthly record-setting volume continued in May at the Port of New York and New Jersey. Total volume for May 2019 was 643,706 TEUs (366,366 lifts), an 8.4 percent increase over May of 2018, which posted 593,625 TEUs (340,890 lifts). The addition of May’s volume brings the yearly total volume to 3,041,814 TEUs, a 7.7 percent increase over the same time period of 2018. Import loads (TEUs) posted double-digit gains in May at the Port of New York and New Jersey, rising by 12.8 percent. Total import loads in May reached 340,680 TEUs (193,482 lifts) compared to 302,081 TEUs (173,092 lifts) the previousRead More →

On:
In: Cargo Volumes, Monthly Cargo Volumes, Terminal News

Another first occurred at the Port of New York and New Jersey in May. On May 31, the brand new ONE APUS, a 14,000 TEU capacity containership from Singapore-based Ocean Network Express (ONE), stopped at GCT Bayonne on its maiden voyage. The 364-meter-long, 51-meter-wide bright magenta-colored ONE APUS is one of the most high-tech ships to enter the Port of New York and New Jersey. ONE APUS is the first ship to employ dual-rating system technology in its main diesel engine—a technology that facilitates flexibility in operations and boosts fuel efficiency to help reduce greenhouse gases. Reducing greenhouse gas emissions and increasing fuel efficiency areRead More →

On:
In: Industry News/Advisory, Terminal News