Container volumes at the largest U.S. East Coast port were up 3.3 percent for the month compared to November 2014, when the previous record was set.
The Port of New York and New Jersey set yet another monthly record in November, handling the most containerized cargo for that month since setting the November record last year.
The port’s throughput grew 3.3 percent year-over-year to 500,608 TEUs in November, according to the most recent data from the Port Authority of New York and New Jersey. Those figures were down from the previous month, however, when the port handled an October record of 544,677 TEUs.
“Our continued growth in port cargo is welcome news and validates the hundreds of millions of dollars we have invested to make the Port of New York and New Jersey an attractive place to do business,” Port Commerce Director Molly Campbell said of the results.
“But we realize more needs to be done and we continue to work tirelessly to improve the performance at our terminals and the facilities we control to be a leader in the shipping community.”
The port handled 249,112 TEUs of loaded import containers in November, up 4 percent from the previous year, and 1,590 TEUs of empty import containers, down 43.8 percent from November 2014.
Export container volumes fell 3.7 percent year-over-year to 116,983 TEUs of loaded containers, but increased 10 percent to 120,865 TEUs of exported containers that were empty.
The Port Authority’s ExpressRail system also set a record for the month of November after setting an all-time monthly record in October. The on-dock rail system handled 41,194 cargo containers, up from 36,541 lifts the previous November.
November automobile volumes at the Port of New York and New Jersey grew 55.3 percent to 44,175 vehicles automobiles from November 2014.
Through the first 11 months of 2015, container volumes at the Port of New York and New Jersey have grown 10.3 percent to 3.38 million total containers compared to the same 2014 period. On a TEU basis, overall throughput rose 11.1 percent to 5.87 million TEUs.
The port has handled 2.96 million TEUs of loaded import containers during that time, up 10 percent year-over-year, and 19,887 TEUs of empty import containers, a 12 percent decrease from last year.
Loaded export volumes have fallen 2.2 percent to 1.28 million TEUs, while volumes of exported empty containers grew 27.7 percent to 1.61 million TEUs compared to the first 11 months of 2014.
Ports on the U.S. East Coast benefited in the early part of 2015 from cargo diverted from West Coast ports due to severe congestion caused by contentious labor contract negotiations between the International Longshore and Warehouse Union and employers.
Port of New York/New Jersey reports another record month in November
