Double-digit Increases for Container Volume, Autos and Record-breaking Month for Rail at the Port of NY and NJ

Double-digit Increases for Container Volume, Autos and Record-breaking Month for Rail at the Port of NY and NJ

June 7, 2021- PortBreakingWaves.com

The Port of New York and New Jersey had another strong month in April, posting double-digit increases for total container volume, container imports, and autos and setting a new April record for rail volume. Total volume in April was 712,799 TEUs (396,168 lifts) versus 559,929 TEUs (318,389 lifts) in April 2020, a 27.3 percent increase and record for the month of April.. This surge brings our year through April total to 2,848,979 TEUs (1,581,682 lifts) .mports rose by 26.5 percent in April, totaling 359,265 TEUs (200,112 lifts) compared to 284,074 TEUs (161,677 lifts) in April 2020. From January through April, imports at the Port of New York and New Jersey reached 1,457,992 TEUs (811,066 lifts), a 23.7 percent increase compared to the 1,178,673 TEUs (667,626 lifts) posted in the same period of 2020 which was the start of COVID-19 pandemic.

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CMA CGM Marco Polo Arrives at the Port of New York and New Jersey Setting a New Big-ship Record

CMA CGM Marco Polo Arrives at the Port of New York and New Jersey Setting a New Big-ship Record

May 21,2021 –PortBreakingWaves.com

The Port of New York and New Jersey welcomed the CMA CGM MARCO POLO to APM Terminals at the Elizabeth Port Authority Marine Terminal on Thursday, May 20. The arrival set a new record for the largest ship to call on the Port of New York and New Jersey, unseating the CMA CGM BRAZIL, which arrived on September 12, 2020. The CMA CGM MARCO POLO is the largest vessel to call upon any U.S. East Coast port to date and will continue to break records as it sails south to call on other U.S. ports.

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Strong Consumer Demand Drives March Volume to All-time High

Strong Consumer Demand Drives March Volume to All-time High

May 5,2021 –PortBreakingWaves.com

ctivity at the Port of New York and New Jersey showed resilience in consumer demand and the global supply chain as cargo volume set a new all-time monthly record in March. Volume increased by 35 percent in March 2021 compared to March 2019, breaking the monthly record set in October of 2020. Compared to 2020, March volume rose by even greater gains. The Port moved 789,776 TEUs (437,479 lifts) in March 2021 versus 560,830 TEUs (318,521 lifts) in March 2020, an increase of 40.8 percent. These numbers bring our year through March total to 2,136,180 TEUs (1,185,514 lifts).

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Port Newark Welcomes MSC Virgo

Port Newark Welcomes MSC Virgo

May 4,2021–PortBreakingWaves.com

May 1, 2021, marked another milestone for the Port of New York and New Jersey as the seaport welcomed the MSC Virgo to Port Newark Container Terminal (PNCT).  Staff from the Port of New York and New Jersey presented the ship’s captain and crew with a commemorative plaque during a ceremony marking its arrival as the largest container ship to call at the terminal. Built in 2020, the 15,000-TEU capacity MSC Virgo is deployed on MSC Mediterranean Shipping Company’s INDUSA service that was introduced in September 2020 to reinforce its service offering on the Indian subcontinent. The MSC Virgo is the Geneva-based company’s first 15,000-TEU vessel to call on any U.S. East Coast port.

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New Jersey Allocates Funding Toward Further Electrification at the Port of NY and NJ

New Jersey Allocates Funding Toward Further Electrification at the Port of NY and NJ

March 2,2021 — PortBreakingWaves.com

New Jersey Governor Phil Murphy announced earlier in February that the Port Authority of New York and New Jersey, several Port of New York of New Jersey tenants, and other agencies and organizations across the state would receive more than $100 million for clean, equitable transportation projects. The funds were allocated from the state’s participation in the Regional Green House Gas Initiative (RGGI) and the Volkswagen Environmental Mitigation Trust, a legal settlement from the carmaker over emissions cheating claims.

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The Lunar New Year’s Impact on the Global Supply Chain

The Lunar New Year’s Impact on the Global Supply Chain

February 18, 2021 –PortBreakingWaves.com

The Lunar New Year, which began this year on February 12, marks a weeks-long holiday that brings together millions from across Asia. While workers take leave to reunite with their families to celebrate the new year, global commerce braces for a disruption of the supply chain worldwide, from ports to shippers and other business stakeholders.This holiday is significant because many U.S. businesses are directly linked to Asian factory production, with most coming from China. During the holiday, production in Asian factories slows and ocean-going cargo volumes drop. The coronavirus pandemic further amplified the effect on production and cargo last year. At the start of 2020, factories in China and throughout Asia closed for the Lunar New Year but the emerging pandemic then forced millions to stay home, nearly bringing production to a standstill.

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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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December Closes the Year with Strong Cargo Volume

December Closes the Year with Strong Cargo Volume

February 8, 2021– PortBreakingWaves.com

Despite a challenging spring and summer and the most unusual of years, the Port of New York and New Jersey finished 2020 strong with double-digit cargo volume percentage growth in December.Total volume for December 2020 was 709,075 TEUs (394,889 lifts) versus 584,743 TEUs (330,856 lifts) in December 2019, a 21.3 percent increase. This brings our full-year 2020 volume to 7,585,819 TEUs (4,255,501 lifts), a 1.5 percent increase over 2019 TEU volume of 7,471,131 (4,238,107 lifts).

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Total Cargo and Rail Volumes Rise by Double Digits in November

Total Cargo and Rail Volumes Rise by Double Digits in November

January 11,2020 –BreakingWaves.com

Cargo volume at the Port of New York and New Jersey continued to rise for the 4th month in a row, with total volume for November 2020 at 738,885 TEUs (408,482 containers), up 23.2 percent compared to the same month in 2019 when the seaport handled 599,626 TEUs (338,857 containers). With the latest data available for November, the seaport moved a total of 6,876,744 TEUs (3,860,612 containers) so far in 2020. Imports rose by 27.7 percent in November totaling 386,219 TEUs (214,397 containers), which was up from 302,460 TEUs (171,273 containers) in November 2019.

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Port Director Delivers Final Executive Broadcast of 2020

Port Director Delivers Final Executive Broadcast of 2020

December 23, 2020 –PortBreakingWaves.com

The final executive broadcast of 2020, Port Director Sam Ruda provides updates and reviews the challenging year at the Port of New York and New Jersey. The video covers topics ranging from COVID-19 adjustments to performative metrics in Q3 and Q4. Ruda details the measures taken to overcome the pandemic’s challenges and discusses the year-end rebound of container volumes, rail, and auto sectors.

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