Port of New York and New Jersey, following a successful 2018, where it crossed 7 million TEU (20-foot equivalent units) mark for the first time, in 2019 broke that record to end the year with a total of 7,471,131 TEU (4,238,107 lifts), a 4.1 percent increase. This record-breaking number of loaded imports boosted the port’s standing to become the second busiest port in the nation in 2019.
A glance at 2019:
- Imports at the Port of New York and New Jersey in 2019 reached 3,788,479 TEU (2,150,283 lifts), a 2.6 percent increase over the previous year’s total of 3,692,908 TEU (2,109,966 lifts).
- Exports rose by 5.6 percent during 2019, reaching 3,682,652 TEU (2,087,824 lifts) compared to 3,486,880 TEU (1,985,488 lifts) in 2018.
- Total volume was 584,743 TEU (330,856 lifts), a 4.0 percent decrease from the 609,390 TEU (346,926 lifts) posted in December 2018.
- Imports fell by 8.8 percent, totaling 290,508 TEU (164,335 lifts) compared to the 318,426 TEU (182,403 lifts) posted in December 2018.
- Exports totaled 294,235 TEU (166,521 lifts) versus 290,964 TEU (164,523 lifts) in December 2018, a 1.1 percent increase in TEU volume.
Rail volume also finished the year on the upswing, posting a 3.0 percent increase when compared to the same period of 2018. In December 2019, rail volume at the Port of New York and New Jersey rose by 4.9 percent over the previous year’s figure, totaling 54,508 containers.
Source: Container News