2025 MOW Spending Report: Passenger-rail programs
Gardner steps down as Amtrak CEO
Guest comment: Oliver Wyman’s David Hunt
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
RAIL EMPLOYMENT & NOTICES
Rail News Home
Passenger Rail
Rail News: Passenger Rail
3/24/2009
Rail News: Passenger Rail
New York/New Jersey port authority's cargo volumes flat-line in '08
advertisement
For the first time in 15 years, annual cargo volume remained flat at the Port Authority of New York and New Jersey (PANYNJ).
In 2008, the authority handled 5.26 million 20-foot equivalent units (TEUs) compared with 5.3 million TEUs in 2007. PANYNJ officials expect volumes to decrease throughout 2009 as "the full effect of the economic downturn is realized."
However, the authority expects cargo growth at the port over the long term and is making investments to expand or upgrade ExpressRail and other infrastructure.
For more 2008 port statistics, as well as details on how the authority is working to accommodate future growth, follow this link.
In 2008, the authority handled 5.26 million 20-foot equivalent units (TEUs) compared with 5.3 million TEUs in 2007. PANYNJ officials expect volumes to decrease throughout 2009 as "the full effect of the economic downturn is realized."
However, the authority expects cargo growth at the port over the long term and is making investments to expand or upgrade ExpressRail and other infrastructure.
For more 2008 port statistics, as well as details on how the authority is working to accommodate future growth, follow this link.
