The Port of NY and NJ has Strongest February on Record for TEU Volume

The Port of NY and NJ has Strongest February on Record for TEU Volume

After starting the year with the highest January on record for volume, the Port of New York and New Jersey continued the record-breaking trend into February with a 7.9 percent increase in overall cargo activity over February 2020. Total volume for February was 625,120 TEUs (347,635 lifts) versus 579,124 TEUs (326,370 lifts) in February 2020, which represents the highest total volume for any February at the Port of New York and New Jersey. Total cargo activity year-to-date rose to 1,346,404 TEUs.

Imports at the Port of New York and New Jersey rose by 11.2 percent in February, totaling 334,176 TEUs compared to 300,445 TEUs in February 2020. From January through February 2021, imports reached 705,568 TEUs versus 623,088 TEUs in the same period of 2020, a 13.2 percent increase. Import empties rose by 18.7 percent from January through February compared to the same period in 2020.

Exports in February totaled 94,698 TEUs versus 113,801 TEUs in February 2020, a 16.8 percent decrease. From January through February, exported loads at the Port of New York and New Jersey reached 203,436 TEUs compared to 232,289 TEUs in the same period of 2020, a 12.4 percent decrease.

Export empties increased by 18.6 percent in February, totaling 193,956 TEUs versus 163,564 TEUs in February 2020. From January through February, export empties reached 433,465 TEUs, a 28.5 percent increase over the 337,456 TEUs recorded in the same period of 2020.

Rail volume at the Port of New York and New Jersey decreased by 10.9 percent in February from the previous year’s February figure, totaling 49,540 containers. This is due in part to adverse weather in the Midwest.  Despite the lower rail volume in February, year to date, overall rail volume is 1.2 percent higher than in the same period of 2020.

Auto volume remained strong in February with 41,580 autos moved through the Port of New York and New Jersey, a 10.6 percent increase compared to February 2020. Through February 2021, auto volume is 12 percent greater than the same period of 2020.

View monthly 2020 cargo volumes here.