Port of NY/NJ sets monthly cargo volume record for November

The port handled 566,519 TEUs of containerized cargo for the month, 6.8 percent more than the previous best November on record, according to recent data from the Port Authority of New York and New Jersey (PANYNJ).    The Port of New York and New Jersey has set a new monthly record for November for cargo volume activity, the port confirmed Jan. 2, 
   During November 2017, the port handled 566,519 TEUs (323,290 containers in total) of containerized cargo, which was 6.8 percent more than the previous best November on record, November 2016, according to newly released data from the Port Authority of New York and New Jersey (PANYNJ).
   Of the 566,519 TEUs, the port handled 285,070 TEUs of import loads, an increase 4.9 percent compared with the same month a year ago, PANYNJ data show. The port also handled 128,760 TEUs of export loads for the month, up 12.1 percent from November 2016, which represented the best monthly year-over-year increase in export loads in five years.
   In addition, the port handled 47,055 containers via its ExpressRail system during the month, 8 percent better than November 2016, according to statistics. Rail volumes remain 4.2 percent above the previous annual record set in 2016.
   The port also handled 53,410 vehicles, up 40.6 percent compared to the previous November and 25.7 percent ahead of the port’s annual record pace, according to the PANYNJ.
    Through the first 11 months of calendar year 2017, the Port of New York and New Jersey remains on pace to set new all-time records for cargo volume, port data show, with 6.16 million TEUs handled, 7.1 percent ahead of 2016 and 5 percent ahead of the previous annual record, set in 2015.