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Rail News: Intermodal

Port of New York and New Jersey set cargo record in 2015

The Port of New York and New Jersey set a new cargo volume record in 2015, surpassing the previous high-water mark recorded in 2014, the Port Authority of New York and New Jersey (PANYNJ) announced on Monday.

Photo: Port Authority of New York and New Jersey
During 2015, the port handled 6,371,720 twenty-foot equivalent units (TEUs) or 3,664,013 cargo containers, an increase of 10.4 percent compared with 2014. The record volumes allowed the port to maintain its position as the East Coast's busiest port, with nearly 30 percent of the total market share, PANYNJ officials said in a press release.

ExpressRail — PANYNJ's ship-to-rail system serving New York and New Jersey marine terminals — also set a new record, handling 522,244 containers, an increase of 12.2 percent compared with 2014's total, the previous best year for rail activity. In 2015, the port also handled 477,170 vehicles, a 21.5 percent increase compared with 2014.

China remained the top import country serving the port, with 1,013,669 import TEUs; India was second (196,956 import TEUs) and Germany third (189,622). The top import commodities were furniture, apparel and clothing, and machinery parts.

"The significant infrastructure investments we have made in our port continue to drive job growth and economic activity in the region, and have set the table for continued long-term growth," said PANYNJ Executive Director Pat Foye. "Moving forward, we will continue to work in partnership with all port stakeholders so we can efficiently and effectively handle greater volumes of cargo in the years to come."

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