NYSA cuts cargo assessment in New York-New Jersey
The New York Shipping Association said it is reducing cargo assessments for containerized cargo moving through the Port of New York and New Jersey, with exceptionally large reductions on containers moved by rail.
The association, based in Iselin, N.J., said the charge for a container of cargo with a destination within 260 miles of the port has been reduced to $110 from $120.
“NYSA has also established a new rate for all loaded rail containers at $10 each, a reduction of as much as $100 per box,” said Frank M. McDonough, president of the association.
The association represents ocean cargo carriers, terminal operators, stevedores and marine-related businesses in labor negotiations with the International Longshoremen’s Association.
“Efficiencies gained by redevelopment and reorganization of our port facilities, increased cargo velocity, and continued growth in volumes justify these reductions,” McDonough said.
He said the new rates reflect a decade-long trend of reduced operational costs in the Port of New York and New Jersey.
The decision to cut the cost of using railroads to move containers in and out of the port is a demonstration by NYSA members of “their commitment to the environment and the quality of life in the New York-New Jersey metropolitan region,” he added.
The port handled more than 2.9 million cargo containers last year, and about 75 percent move within 260 miles of the port.
NYSA cuts cargo assessment in New York-New Jersey
