Cargo volume at the Port of New York and New Jersey declined in May, a result linked to the global pandemic. Total volume for May 2020 was 537,412 TEUs (304,132 lifts) versus 643,706 TEUs (366,366 lifts) in May 2019, a 16.5 percent decrease. The loss brings our year through May total to 2,854,319 TEUs (1,616,608 lifts). Imports for May totaled 267,008 TEUs (152,380 lifts) versus 341,943 TEUs (194,298 lifts) in May 2019, a 21.9 percent decrease. For the period of January through May 2020, imports at the Port of New York and New Jersey reached 1,452,122 TEUs (820,006 lifts) compared to 1,550,462 TEUs (879,671 lifts) in the same period of 2019,Read More →

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

For the month of April, the Port of New York and New Jersey’s rail business continues to demonstrate growth as the total rail volume, January through April, is 6.0 percent greater than in the same period in 2019. From a month to month comparison however, rail volume decreased 0.8 percent from 56,911 last  April, to 56,479 containers for April 2020.  Total volume for April was 559,929 TEUs (318,389 lifts) versus 605,263 TEUs (344,862 lifts) in April 2019, a 7.5 percent decrease. This brings our year through April total to 2,316,907 TEUs (1,312,476 lifts). Imports for the month of April totaled 285,363 TEUs (163,038 lifts) versusRead More →

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

On Saturday, May 16, the Port of New York and New Jersey welcomed the MV Hyundai Hope at GCT Bayonne – marking the return of the ocean carrier formerly known as Hyundai Merchant Marine but now branded as HMM, after a three-year hiatus. The celebratory occasion was commemorated through a plaque presentation made by Rado Saragih, Manager, Maritime Industry Relations at The Port Authority of New York and New Jersey. Hyundai Hope, a 13,154 TEU vessel, under the command of Captain LEE, SHO RYONG – represents another significant development as HMM officially became the fourth member of THE Alliance (THEA). Originally formed in 2016, otherRead More →

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In: Events, Maiden Voyage/Inaugural Port Call, Terminal News, Uncategorized

The Port of NY and NY remains open, fully-operational and committed to moving goods as efficiently as possible in light of the global pandemic, COVID-19. Even during these unfamiliar times, our rail network continues to demonstrate remarkable growth. Through four on or near dock ExpressRail facilities: ExpressRail Port Newark, ExpressRail Elizabeth, ExpressRail Port Jersey and Express Rail Staten Island – we’re continuing to maintain cargo fluidity. Our facilities are directly served by two Class 1 railroads: CSX and Norfolk Southern (NS). In addition, Consolidated Rail Corporation (Conrail) is the local switch operator working for CSX and NS within the port delivering and departing trains on aRead More →

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In: Industry News/Advisory, Safety and Security, Terminal News

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