May Cargo Volumes Result In A Decline
May Cargo Volumes Result in A Decline
July 6, 2020– BreakingWaves.com
Cargo volume at the Port of New York and New Jersey declined in May, a result linked to the global pandemic. Total volume for May 2020 was 537,412 TEUs (304,132 lifts) versus 643,706 TEUs (366,366 lifts) in May 2019, a 16.5 percent decrease. The loss brings our year through May total to 2,854,319 TEUs (1,616,608 lifts).