Rail Volumes Remain Strong for Ninth Consecutive Month

Rail Volumes Remain Strong for Ninth Consecutive Month

Total volume for November 2018 was 583,880 TEUs (331,242 lifts) versus 566,519 TEUs (323,290 lifts) in November 2017, a 3.1% increase. Bringing our YTD total to 6,570,398 TEUs. Import loads (TEUs) were up by 5.9% in November 2018 vs. November 2017, though export loads (TEUs) decreased 10.4% in November 2018 vs. November 2017. Export empties increased 9.3% totaling 164,584 TEUs in November 2018 versus 150,536 TEUs in November 2017.

Import loads for the month of November totaled 301,826 TEUs (171,437 lifts) versus 285,070 TEUs (162,802 lifts) in November 2017, a 5.9% increase. For period January through November 2018, the Port of New York and New Jersey imported loads reached 3,358,777 TEUs (1,915,389 lifts) versus 3,122,103 TEUs (1,788,813 lifts) in same period of 2017, an 7.6% increase. Import empties are down 18.8% in January through November 2018 versus the same period in 2017.

Export loads for the month of November totaled 115,415 TEUs (63,637 lifts) versus 128,760 TEUs (71,118 lifts) in November 2017, a 10.4% decrease in TEU volume. For period January thru November 2018, the Port of New York and New Jersey exported loads reached 1,360,853 TEUs (754,180 lifts) versus 1,294,229 TEUs (719,639 lifts) in same period of 2017, a 5.1% increase. Export empties totaled 1,835,063 TEUs for January thru November 2018 versus 1,731,182 TEUs in the same period of 2017, an increase of 6%.

Rail volume increased 13.9% from the previous year’s November figure, totaling 53,609 containers for November 2018. This is the ninth consecutive month of rail volume above 50,000 containers. Rail volume, January through November 2018, is 14.4% greater than in the same period of 2017.

Autos moved through the Port of New York and New Jersey totaled 56,064 in November, an increase of 5% when compared against November 2017. Auto volume for January thru November 2018 is 1.6% greater than in the same period of 2017.