For the third consecutive month, total volume at the Port of New York and New Jersey topped 700,000 TEUs, but that’s not the only impressive achievement. In May, the port also soared to the number one spot in the country for total TEUs and total loaded TEUs.
May’s total volume reached 790,758 TEUs (439,593 containers), a 16.9 percent increase from the 676,311 TEUs (376,449 containers) recorded in May 2023. This double-digit increase marked the sixth consecutive month of year-over-year volume growth and brought our year-through-May total to 3,501,676 TEUs (1,940,869 containers), making the Port of New York and New Jersey the second-busiest cargo port in the nation so far this year.
Exports (TEUs) increased 12.7 percent in May versus the previous year, totaling 124,801 TEUs (67,271 containers), compared to110,695 TEUs (59,972 containers) in May 2023. From January through May, the Port of New York and New Jersey exported 570,901 TEUs (306,219 containers), a 3.8 percent increase from the 549,823 TEUs (297,652 containers) posted the previous year.
Export empties increased 17.4 percent in May, totaling 250,070 TEUs compared to 212,995 TEUs in May 2023. A total of 1,127,973 export empties were recorded from January through May, a 14.2 percent increase from the 987,475 TEUs posted in the same period of 2023. Import empties were up 40.5 percent from January through May compared to the previous year.
Rail volume rose by 3.8 percent from May 2023’s figure, reaching 54,641 containers. From January through May, rail volume was 6.2 percent greater than in the same period of 2023.
In May, 33,984 autos moved through the Port of New York and New Jersey, an increase of 6.3 percent compared to May 2023. Auto volume for January through May rose 11 percent from the same period in 2023.
