- 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.
- The 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
July marked a record-breaking month at the Port of New York and New Jersey, with a total volume of 806,015 TEUs, making it the busiest July in the port’s history and the seventh busiest month overall, reports Container News.
NY-NJ ports enjoy record month
The port’s July figures represent an 11.1% increase from last year’s numbers, bringing the total container volumes for 2024 to 5,016,626 TEUs.
Imports rose by 13.5% in July with the US port handling 422,212 TEUs. From January to July, imports reached 2,580,267 TEUs, translating to a 13.7% increase over the same period in 2023.
Furthermore, exports grew by 12% in July to 112,175 TEUs. Between January and July 2024, export volumes reached 795,697 TEUs, a 5.9% rise from the first seven months in the previous year.
In addition, rail volumes at the port of New York and New Jersey experienced gains as well, rising by 2.6% in July to 56,525 containers compared to the previous year. Year-to-date rail volume through July was up 4.5% compared to the same period in 2023.
Auto shipments, however, decreased slightly in July, with 38,367 autos moving through the port, representing a 2.5% decline from July 2023. Despite this, auto volume for the year through July remained strong, marking an increase of 8.5% year-on-year.
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Source: Container News
