NY/NJ US$6.7B budget

The Port Authority of New York and New Jersey (NY/NJ) handled 633,925 TEU in December, an increase of 3.4% compared with the corresponding period of 2022. For the full year, 7.81M TEU was processed which was 17.7% lower than in 2022.

The Port Authority of New York & New Jersey has announced that it handled its highest monthly volume of containers for the year in October. The increase was mainly driven by retailers restocking their warehouses and filling their shop shelves in advance of the holiday shopping season.

The Port Authority of New York & New Jersey’s latest figures reveal a sharp drop in container traffic, both month-on-month and year-to-date compared with 2022.

Container volume through the busiest harbour in the US will exceed 16M TEU in 2017.

The dispute in Melbourne goes well beyond issues the Maritime Union of Australia has with ICTSI over conditions at Victoria International Container Terminal (VICT).

The Port of Virginia has received a US$466,747 grant for equipment to support reefer containers and break bulk on its barge service linking Richmond with its deep sea terminals.