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The Port Authority of New York and New Jersey (PANYNJ) moved record cargo volume in August, setting an all-time monthly high for 20-foot-equivalent units (TEUs), authority officials announced last week.
The port logged 688,365 TEUs, up 1.3 percent from the August 2019 level. From January through August 2020, imports at PANYNJ reached 2,416,690 TEUs, down 4.7 percent from the same period in 2019, port officials said in a press release.
Exports in August totaled 319,497 TEUs, down 4.7 percent. From January through August, exports reached 2,244,763 TEUs, down 8.7 percent compared with the same period last year.
Rail volume climbed 7.8 percent to 64,892 containers in August compared with a year ago. Rail volume for January through August 2020 rose 1.4 percent compared with rail volume logged during the first eight months of 2019.