News
For the first time in its history, the Port of New York and New Jersey broke the 7 million TEU mark. The record-setting amount of cargo (7,179,788 TEUs) exceeded the previous year's quantity by almost 7 percent.
The boost was fueled by an 8.2 percent increase in imported goods, including clothing, furniture, electronics, and other products, over the previous record for imports set in 2017. The ensuing growth also resulted in the port handling one-third of all containers on the East Coast in 2018, a 2.8 percent increase in market share from last year.
In addition to a record-setting increase in cargo containers, the port also set a new record for rail cargo. Its ExpressRail system moved 645,760 containers, up 13.8 percent over 2017. The record-breaking duo of container and rail cargo further solidifies the Port of New York and New Jersey's position as a dominant port-the busiest on the East Coast and the third busiest in the nation, following Los Angeles and Long Beach.
