Dear friend of the Port of NY & NJ,   Let me recap the good news for anyone who missed our State of the Port event on Monday, February 5, 2018. In 2017, the Port of NY & NJ: Raised the Roadbed of the Bayonne Bridge and welcomed the CMA CGM T. Roosevelt, a 14,414 TEU container ship and the largest vessel ever to call our berths. Advanced a Port Master Plan that guides and supports the growth of our port over the next three decades. Broke our annual cargo volume record by 5.3% while also beating 2016 numbers for rail lifts and imported autos by 14.3% and 16% respectively. Cut the port’s impact onRead More →

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In: Capital Investments, Cargo Volumes, Industry News/Advisory, Port Master Plan, Trade Stats, Workforce Development

At a press conference held last week, the New York Shipping Association (NYSA) released its 2017 report, The Economic Impact of the New York-New Jersey Port Industry. The seventh iteration of this study, the document examines the Port of New York and New Jersey’s economic activity in 2016, and concludes that “The significant economic contribution the Port of New York and New Jersey makes to this region [was] demonstrated once again” during that year. The document shows that, in the two years since NYSA’s previous Economic Impact report, which covered 2014, the port has significantly increased the number of jobs it offers, as well asRead More →

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In: Econ Insight, Industry News/Advisory, Trade Stats

The Port Authority announced today that cargo volumes in the Port of New York and New Jersey are on record pace for 2017. The first six months of this year were 4.4 percent higher than the same period in 2015, when the previous record of 3,093,789 TEUs (twenty-foot equivalent units) was established. Between January and June this year, the port handled 3,229,675 TEUs, compared to 3,041,287 TEUs handled in 2016. The record volumes have allowed the port to maintain its position as the busiest on the East Coast. In June alone, the port handled 584,606 TEUs, the best June on record and the second highestRead More →

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In: Cargo Volumes, Industry News/Advisory, Trade Stats

Cargo volumes at the Port of New York and New Jersey (PONYNJ) achieved year-over-year growth for the 13th consecutive month in October 2015. October container moves totaled 311,992 units, a 1.7 percent increase over October 2014. October tallies put the port’s year-to-date, container numbers ahead of 2014 by 11 percent, which amounts to an additional 307,373 container units. On the import side, loads for the month totaled 154,667 lifts. While down 1.7 percent from October 2014, import loads remain ahead of 2014 by 9.8 percent. Export loads for the month totaled 66,351 lifts, down 6.4 percent compared to October 2014 levels. Year-to-date, export loads areRead More →

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In: Trade Stats
containerized map

Container lifts for September 2015 topped lifts from the same month, 2014 by 13.4 percent according to stats just released by the Port of New York and New Jersey. At 325,534 lifts, 2015 now holds the port’s new record for volume by month in September. Year-to-date, the port stands ahead of 2014 volumes by 12.2 percent. With 163,597 lifts, September import loads outperformed the same month, 2014 by 12.4 percent. Year-to-date, import loads are running 11.2 percent in front of 2014. Export loads made a slight gain of .6 percent over September 2014 with 62,372 lifts. However, they lag 2014 year-to-date by 1.3 percent. RailRead More →

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In: Trade Stats