Port of New York and New Jersey Ends 2020 with Record-Highs in Volume

Port of New York and New Jersey Ends 2020 with Record-Highs in Volume

February 16,2021 — PortBreakingWaves.com

The tumultuous changes in cargo volume from the COVID-19 pandemic ended with a flourish as the Port of New York and New Jersey recovered their first-half losses to end 2020 with a new container record of 7,585,819 20-foot equivalent units (TEUs), an increase of 1.5 percent from 2019. The pandemic led to vessel-call cancellations, sharp declines in factory production, and restrictions on nonessential business worldwide during the spring and summer of 2020. These actions spurred double-digit declines in imports at the port, resulting in losses of as much as 21.9 percent compared to the same period of 2019.

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