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Port of NY & NJ At Strongest Competitive Position in Decades With Completion of ExpressRail Network, Capstone of Multi-Billion Port Modernization Program

Port of New York and New Jersey poised to overtake the Port of Long Beach as nation’s 2nd busiest port due to completion of Bayonne Bridge project and $1 billion in public-private investment in rail; 75% of all container carrier services make NY/NJ first port of call on East Coast; Improved rail capabilities help PANYNJ advance its five-year strategic goal to handle more than 900,000 intermodal rail lifts a year, the equivalent of 1.5 million fewer truck trips on local highways; Port Authority committed to working with its partners to study further enhancements to freight rail networks throughout the region The Port Authority today bolsteredRead More →

2019-06-18
On: June 18, 2019
In: Events, Industry News/Advisory, Port Master Plan
International Maritime Organization

New IMO Regulations on Verified Gross Mass Begin July 1st

The International Maritime Organization’s (IMO) SOLAS VI/2 regulation on verified gross mass (VGM) takes effect on Friday, July 1, 2016, at ports worldwide. All terminals in the Port of New York and New Jersey will provide scale weights for use, at the carrier’s discretion, for export containers arriving to a terminal by truck without a VGM. Under those conditions, a $10 fee may be assessed by the terminals to the ocean carrier. When a shipper has a VGM, please coordinate directly with your ocean carriers for the timing and format for transmitting. Container weights provided by the railroads are not accepted for VGM purposes. •Read More →

2016-06-27
On: June 27, 2016
In: Costs, Industry News/Advisory

Port NY & NJ Sets New Cargo Volume Record in 2015

  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 →

2016-02-08
On: February 8, 2016
In: Cargo Volumes, Events
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