NYCT chief executive Jim Devine said in the report that APL is not renewing its lease at the terminal, which expires in July, due to a need for bigger facilities to accommodate its larger ships.
APL accounts for more one-third of NYCT's volume. Attempts to expand the terminal for the last four years have had little success, Devine said.
Another contributing factor, he added, was a planned rise in bridge toll taxes that New York state is proposing.
'Doing business here, as opposed to in New Jersey, runs an average truck $100 more per trip to Mariners Harbor, depending on the number of axles, which are factored into the toll cost,' Devine told the newspaper.
He said Turkon Line left NYCT in 2009 over the toll issue.
The report suggested APL is eyeing a deal with Maher Terminals facility in New Jersey. Both face the issue of lack of air draft due to the height of the Bayonne Bridge. When asked whether it had signed a deal with Maher, APL said it doesn't comment on contracts, but confirmed NYCT's announcement.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now