Port of New York and New Jersey records 806,000 TEU in July

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Port of New York and New Jersey records 806,000 TEU in July

The Port Authority of New York and New Jersey (PANYNJ) has handled a total volume of 806,015 TEU, the busiest July in the port’s history and its seventh busiest month ever.

According to the port, total volume increased 11.1 per cent from 725,479 TEU last year, bringing the year-to-date (YTD) total to 5.01 million TEU through July.

Imports also surged dramatically in July, up 13.5 per cent from July 2023. In July, a total of 422,212 TEU were registered, compared to 372,139 the previous year.

From January to July, imports at the Port of New York and New Jersey totalled 2.58 million TEU, a 13.7 per cent increase over the 2.26 million TEU reported during the same period in 2023.

READ: Port of New York and New Jersey records 10 per cent TEU rise

Exports increased by 12 per cent in July, totalling 112,175 TEU compared to 100,195 TEU in July 2023.

From January through July 2024, exported loads reached 795,697 TEU, a 5.9 per cent increase from the 751,527 TEU in the same period of 2023.

Export empties totalled 269,026 TEU in July 2024 compared to 251,140 TEU in July 2023, a 7.1 per cent increase.

READ: Port of New York and New Jersey claims nation’s top spot in May

From January through July, 1.62 million export empties moved through the Port of New York and New Jersey, an increase of 13.5 per cent from the 1.43 million TEU recorded in the same period of 2023.

Import empties rose by 26.9 per cent from January through July versus the previous year.

Rail traffic also increased in July, up 2.6 per cent from the previous year’s July number to 56,525 containers. Rail traffic from January to July 2024 was 4.5 per cent higher than in the same period in 2023.

In July, a total of 38,367 automobiles passed through the Port of New York and New Jersey, a 2.5 per cent decline from July 2023. Auto volume was robust from January to July 2024, up 8.5 per cent over 2023.

In August, PANYNJ reported that total volume rose by 13.5 per cent, with 708,935 TEU (395,219 containers) moving through the port last June.

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