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Cost Reductions Announced at Port NY & NJ

Port officials today announced cost reductions for use of the Port of New York and New Jersey. Effective May 1, 2016, the container charge for containers whose destination lies within 260 miles of the port has been reduced by 5.3 percent from $94.00 to $89.00 in all trades except in the Bermuda Trade, which retains its rate of $25.00. The new rates further a trend to reducing operational costs at the Port of New York and New Jersey while welcoming new business and demonstrating loyalty to the old. Cargo containers whose destination lies within 260 miles of the port comprise approximately 60 percent of all containersRead More →

2016-04-18
On: April 18, 2016
In: Costs, Econ Insight, Events
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