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August 04, 2017
Port of New York and New Jersey cargo volumes on record pace for 2017
The Port Authority announced today that cargo volumes in the Port of New York and New Jersey are on record pace for 2017. The first six months of this year were 4.4 percent higher than the same period in 2015, when the previous record of 3,093,789 TEUs (twenty-foot equivalent units) was established.
Between January and June this year, the port handled 3,229,675 TEUs, compared to 3,041,287 TEUs handled in 2016. The record volumes have allowed the port to maintain its position as the busiest on the East Coast.
In June alone, the port handled 584,606 TEUs, the best June on record and the second highest monthly volume ever recorded in the Port of New York and New Jersey.
In addition to cargo containers, the port also reported a 7.7 percent increase in vehicles handled by auto processors serving the port – from 245,765 units handled in 2016 to 264,766 units handled in 2017. The increase is due in part to the Auto Incentive Program launched in 2014 to provide financial incentives to auto manufacturers who bring new or increased vehicle business to the port.
Source: Port of New York and New Jersey
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