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Rail News Home Intermodal

1/12/2021



Rail News: Intermodal

PANYNJ posted record cargo volume in November


Intermodal continued to be strong through the port during the month, with rail volume up 16.9% from the previous November.
Photo – panynj.gov

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Cargo volume at the Port Authority of New York and New Jersey (PANYNJ) rose 23% to 738,885 20-foot equivalent units (TEUs) in November 2020 compared with the same period in 2019, port authority officials announced last week.

November's cargo increase marked a new monthly record in TEUs, as retailers and consumers responded to additional pandemic-related regional shutdowns, PANYNJ officials said in a press release and on the authority's blog. For the first 11 months of 2020, the seaport handled a total of 6,876,744 TEUs, they said.

Imports rose 27.7% to 386,219 TEUs in November versus the same month in 2019, while exports climbed 18.7% to 352,666 TEUs.

Intermodal continued to be strong through the port during the month, with rail volume up 16.9% from the previous November, totaling 63,227 containers. From January through November 2020, rail volume was 5.6% higher than during the same period in 2019.

Autos moved through the port totaled 47,531, up 9% compared with November 2019's level.

Meanwhile, ridership on the Port Authority-Trans Hudson (PATH) rail service was down 79% to 61,753 riders in November compared with the same 2019 period, PANYNJ officials said.

 



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