Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




  railPrime
            View Current Digital Issue »



Rail News Home Intermodal

3/12/2024



Rail News: Intermodal

PANYNJ: January volume indicates strong start to 2024


Auto volume registered a double-digit gain in January, as 35,302 vehicles moved through the Port of New York and New Jersey, up 22.1% year over year.
Photo – PANYNJ.gov

advertisement

The Port Authority of New York and New Jersey (PANYNJ) started 2024 with strong cargo and auto volumes. Total volume in January rose 3.4% from the previous year's mark, reaching 667,346 20-foot equivalent units (TEUs).

"This strong total outpaced port activity in pre-pandemic January 2019 by 7.2%," PANYNJ officials said in a news release. "January 2024’s volume was also 5.3% above December 2023 figures."

Auto volume registered a double-digit gain in January, as 35,302 vehicles moved through the Port of New York and New Jersey, up 22.1% year over year.

The port was the nation's second busiest for loaded imports and exports in January at 447,514 TEUs, a 2.6% gain from January 2023's level. Imports rose 5.8% to 342,790 TEUs, while import empties climbed by 27.1%.

Exports decreased 6.7% to 104,724 TEUs, but export empties increased 4.9% to 217,878 TEUs on a year-over-year basis.

Rail volume in January fell 1.3% to 53,013 containers from the previous year's figure.