March 2015 volumes at the Port of New York and New Jersey beat volumes logged in the previous month by 25.5 percent (with 559,264 TEUs handled in March 2015 compared to 445,285 TEUs handled in February 2015).
March 2015 volumes also compared favorably to the same month in the previous year. The port handled 484,339 TEUs in March 2014, creating a 15.5 percent boost from this perspective.
Port officials say these gains were driven largely by import loads, which rose 23 percent year-over-year to 287,777 TEUs, and export empties, up 28.6 percent year-over-year to 145,436 TEUs.
ExpressRail also set a record. The Port Authority’s ship-to-rail conveyance serving New York and New Jersey marine terminals handled 46,148 lifts in March 2015, a 10.4 percent increase over the same month in the previous year and an all time record for the system. ExpressRail volumes continue to grow with 2014 logging 465,405 lifts overall, a 9.3 percent increase over total lifts logged for 2013.
The Port Authority’s investment of more than $600 million in ExpressRail includes upcoming plans to build a new ExpressRail facility in Greenville Yard in Jersey City. Thus far, the system has distinguished itself as a major catalyst for improving port efficiency, increasing the port’s competitive position, and reducing its environmental footprint.
For more information, please visit: http://www.panynj.gov/port/monthly-loaded-containers.html.