Container Volume Projected to Remain Strong Through the Remainder of 2020

Container Volume Projected to Remain Strong Through the Remainder of 2020

October 15,2020 — BreakingWaves.com

Seven months into the COVID-19 global pandemic, with closures and restrictions all around us, the Port of New York and New Jersey remains open and fully operational. Container volumes have rebounded sharply, consistent with the elimination of most “blank sailings.” In August, the Port returned to 2019 levels, setting a new all-time monthly container record, including a new record for intermodal rail volume. At almost 65,000 lifts, the port-wide intermodal ExpressRail system handled 7.8 percent more volume than August 2019, with overall rail volume up 1.4 percent year-to-date through August 2020.

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