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

  Annual cargo volumes at the Port of New York and New Jersey beat the previous record by more than 10 percent according to figures released today. The port handled 6,371,720 20-foot equivalent units (TEUs) (or 3,664,013 cargo containers) in 2015, an increase of 10.4 percent over the previous record set in 2014. The record volumes allowed the port to maintain its position as the busiest on the East Coast with nearly 30 percent of the nation’s total market share. Despite the increases in cargo, the Port of New York and New Jersey has experienced a 33 percent reduction in port emissions pollutants since 2006Read More →

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In: Cargo Volumes, Events