Port Of NY/NJ Achieves Record 7.8 Million TEUs Handling In 2023

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  • Port of New York and New Jersey achieves a 4.4% increase over pre-Covid volumes from 2019.
  • Maintains position as the nation’s second busiest port for loaded imports and exports, handling 5.3 million TEUs throughout the year.
  • December volume reaches 633,925 TEUs (351,402 containers), marking a 3.4% increase from December 2022.
  • Total volume for 2023 reaches 7,810,005 TEUs (4,328,153 containers).
  • Export empties decreased by 1.7% in December, while import empties rose by 10.1%.
  • December witnessed a 9.8% increase in rail volume, totaling 50,442 containers, but the yearly rail volume is 11% lower than in 2022.

Port Of NY/NJ’s Record-Breaking 2023

In 2023, the Port of New York and New Jersey concluded the year with a remarkable achievement, exceeding pre-COVID volumes from 2019 by 4.4%.

Throughout 2023, the port maintained its position as the nation’s second busiest for loaded imports and exports, handling a total of 5.3 million TEUs.

December contributed to this success, with total volume reaching 633,925 TEUs (351,402 containers), a 3.4% increase compared to December 2022. This brought the port’s total for 2023 to 7,810,005 TEUs (4,328,153 containers).

December Import And Export Trends

Imports also saw a rise in December, up by 7.5% compared to the previous year, totaling 326,412 TEUs (180,534 containers). However, overall imports for 2023 amounted to 3,990,270 TEUs (2,212,980 containers), a 16.9% decrease compared to 2022’s figures.

In addition, December exports showed a modest increase of 1.4% compared to December 2022, with a total of 104,278 TEUs (56,013 containers). Nonetheless, exported loads for 2023 totaled 1,284,976 TEUs (693,781 containers), reflecting a slight decrease of 1.1% from 2022.

December Performance Overview

Export empties decreased by 1.7% in December, while import empties rose by 10.1% compared to the previous year. December also saw a 9.8% increase in rail volume, totaling 50,442 containers. However, rail volume for the entire year was 11% lower than in 2022.

Furthermore, auto volume experienced a decline in December, with 30,633 autos moving through the port, a decrease of 19.2% compared to December 2022. Overall auto volume for 2023 was 12.9% lower than in 2022.

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Source: container-news

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