In October, the Port of New York and New Jersey recorded its highest total monthly volume of 2023, moving 742,571 TEUs (409,680 containers). The seaport was the nation’s second busiest through the month as retailers pushed to receive the remainder of products destined for store shelves in time for the holiday shopping season. The total monthly volume represents a 6.3 percent decrease compared to the 792,548 TEUs (438,007 containers) recorded in October 2022. The January through October total volume is 6,531,687 TEUs (3,620,986 containers).  Imports in October were down slightly (0.2 percent) compared to the previous year, totaling 381,756 TEUs (210,684 containers) and 382,453 TEUsRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

On Nov. 20, Bethann Rooney, port director at the Port Authority of New York and New Jersey, signed a Memorandum of Understanding (MOU) with Hai Phong, Vietnam, solidifying a close collaboration aimed at growing trade between the two ports. The visit, led by Mr. Le Tien Chau, Secretary of the Hai Phong Party’s Committee represents an opportunity to promote cooperation between the Port of New York and New Jersey and partners in Hai Phong to support bilateral trade and investment between the United States and Vietnam. Hai Phong is the largest port city in Northern Vietnam and one of the most important industrial hubs of theRead More →

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In: Events, Industry News/Advisory

Discounts could be even more plentiful than usual this holiday season for regional shoppers as retailers look to draw down their massive inventory, the result of a frenetic few years at the New York-New Jersey gateway and other ports around the nation. Santa is putting his elves to work earlier than ever this year. While the so-called “Christmas creep” phenomenon is an annual topic of debate, this year shoppers may find ample opportunity for ahead-of-schedule holiday shopping with discounts galore. Retailers are predicting an even earlier-than-usual start to the holiday shopping season, at least partially thanks to the unusual shipping trends of the past fewRead More →

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In: Industry News/Advisory

In September, the Port of New York and New Jersey recorded 660,553 TEUs (363,853 containers), a 21.6 percent decline in total volume compared to the previous year’s 842,219 TEUs (465,685 containers). This number brings the seaport’s total volume for the year through September to 5,789,116 TEUs (3,211,306 containers). The numbers reflect a resetting of cargo volumes following record setting years in 2021 and 2022.  Imports declined in September compared to the previous year, totaling 339,033 TEUs (186,994 containers) and 423,424 TEUs (234,352 containers) in September 2022, a 19.9 percent decrease. Since January, imports at the Port of New York and New Jersey reached 2,957,589 TEUsRead More →

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In: Cargo Volumes

It wouldn’t be the first time the Port of New York and New Jersey changed the game. 67 years after Malcolm McLean loaded the world’s first shipping container onto the deck of a converted tanker at Port Newark, the East Coast’s busiest gateway is getting ready for another profound shift: leading the way in the transition to clean energy and net-zero emissions in the shipping industry. The Port Authority of New York and New Jersey’s wide-ranging Net Zero Roadmap outlines several concrete steps to reduce greenhouse gas emissions at the New York/New Jersey seaport as part of the agency’s overall commitment to reach net-zero carbonRead More →

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In: Environmental Initiatives