b'12American Journal ofTransportation ajot.comThe Port of NY/NJ slows to post-pandemic trade reality NEW YORK PORTS 2023But the future is bullish with investments ongoing to massively increase capacityBy Peter Buxbaum, AJOTIn July, the Port of Newmarket share from China con-YorkandNewJerseywastinues to slowly decline, said thebusiestinthenation.InBozza, and the biggest pickup August, volumes dropped off,isfromIndia,Vietnam,Italy, revertingtothepatternofandGermany.Importsfrom post-pandemic trade activity,Italy include beverages, appli-characterizedbythedraw- ances,cereals,furniture,and downofexistingstatesideprefabricatedbuildings.Ger-inventories. many supplies appliances, plas-DuringtheCOVID-19tics, vehicles, and electronics.pandemic,oneofthebig tradestorieswasthattheF utureg rowth : K ey isPort of New York and Newi nCreasedC aPaCityJersey(PANYNJ),perenni- Therecentdeclines ally the number three port ininportvolumeshavenot the country behind Los Ange- dampenedthebullishsenti-les and Long Beach, had sur- ment among port stakehold-passed Long Beach to becomeersandthePortAuthority number two. Since then, the(REALITYcontinued on portsmonthlyperformancepage 14)hasfluctuatedbetweenthe two top positions.Julywasthebiggest month for the port since Octo-ber2022,butyear-to-dateTHE MOST EFFICIENTnumbersshowthatAugust was more typical. In the firstCBPCentralized Examination Station & eight months of 2023, imports decreased by 21.7%, close toCentralized Air Cargo Examination FacilityAugusts slide of 21.4%. July, by contrast, saw a decrease inON THE EAST COASTimports of 7.7%.g ateway oFC hoiCe For Mike Bozza, deputy portdirectoratthePort AuthorityofNew YorkandCONTAINER YARDNewJersey,thedeclining Kearny Facilitynumbersareindicativeof thecontinuingeffortsbyShort & Long Term Storage OptionsU.S.retailerstoreducethe overstockstheyaccumu-lated during the previous twoON SITE AQI & LAB CAPABILITIESyears. Bozza assumes that the Kearny & EWR Facilityportwillretainitsnumber one or number two positionsState-of-The-Art & Securegoingforward,butmore important than the container contestamongU.S.ports,RUNNING BEHIND? GET A NIGHTPASSBozza said, is that we wantKearny Facility - EWR Operates 24/7/365 to be number one in reliabil-ity. We want to be the gate- Let us Know by 2:30 PM EST & Get Access to our way of choice. Facality Until MidnightThePortofNewYork and New Jersey saw dramaticWWW. HMIW .NETincreasesinvolumesduring the pandemic, in part, because cargoownersdivertedship-ments away from West Coast portstotheEast,toavoid congestionandtomitigate the risk of disruptions due to possible labor actions. Some ofthevolumeshavegone backtoSouthernCalifornia ports,saidBozza,butwe haveactuallyretainedmore than we expected. Whataccountsforthat?\x1f\x1e\x1d\x1c\x1b\x1a\x1f\x1c\x1d\x19\x1f\x18\x1c\x1c\x1c\x1c\x1c\x1d\x1f\x1e\x17\x1cReliabilityisthetopreason\x19\x1dBozza attributes to this phe-nomenon but there are others\x1b\x02\x1f\x1f\x1e\x1f\x0b\x01\x1f\x03\x1e\x03\x02\x1f\x16\x1e\x1f\x1e\x1f\x02\x1f\x03\x1f\x02as well. Shippers have gotten wise and started to diversify\x1f\x1e\x1d\x1c\x1f\x1b\x1a\x19\x1c\x18\x17\x1f\x16\x19\x15\x14\x13\x14\x12\x17\x1f\x14\x11\x1f\x19\x1f\x10\x0f\x0e\x15\x1c\x1a\x0c\x0b\x08\x07\x07\x07\x1f\x11\x06\x05\x1f\x04\x12\x05\x1f\x03\x02\x01\x1f\x1e\x7f\x1a\x1c\x19\x12\x14\x18\x08\x1f\x19\x14\x18\x1f\x1d\x11\x1f\x12\x1a\x1f\x01\x14\x18\x13\x1a\x1f\x19\x1c\x1a\x11\x12\x1f\x1a\x14\x15\x19\x12\x1a\x1ftheir supply chains, he said.\x03\x02\x01\x1f\x1e\x7f\x1a\x1c\x19\x12\x14\x18\x1f\x04\x1c\x1f\x03\x1f\x18\x1f\x12\x1a\x1f\x02\x19\x11\x12\x1f\x03\x19\x11\x12\x05TheydontwanttoputallHMIW CES HMIW CACEFtheir eggs in one basket. (Centralized Examination Station) (Centralized Air Cargo Examination Facility) CONTACT: Sean McCormick Importersarealsodiver- 700 Belleville Turnpike 157 Conrad Road, #12
[email protected] or 732 395-3800sifying their sources of supplyKearny, NJ 07032Newark Liberty International AirportawayfromChina,althoughCustomer Service: 732-510-2870 Newark, NJ07114China remains the ports larg- Customer Service: 732-510-2972est trading partner by far. Our'