International shipping: New York Port and New Jersey Port usher in the busiest month of 2024
In February 2024, the ports of New York and New Jersey saw significant growth in various indicators, including total volume, imports, exports, rail and car transportation, making it the second busiest month on record.
The total transportation volume in February was 632455 TEUs (equivalent to 349792 containers), an increase of 10.7% compared to the same period in 2023. The data from the beginning of the year to the present shows that the port processed a total of 1299801 standard containers (717891 containers) in the first two months of 2024.
In February, the import volume of the port reached 332241 TEUs (183665 containers), a significant increase of 15.2% from the 288314 TEUs (159748 containers) in February last year. From January to February, the import volume of New York and New Jersey ports was 675031 TEUs (373364 containers), an increase of 10.2% compared to the same period in 2023.
At the same time, the total export volume was 101636 TEUs (54505 containers), a year-on-year increase of 3%. However, the export volume in the first two months of 2024 was 206360 TEUs (110395 containers), a decrease of 2.2% compared to the same period last year.
In addition, in February 2024, the export of empty containers increased by 7.3%, totaling 196213 TEUs. Data from the beginning of the year also shows a growth of 6%. In 2024, the export of empty containers reached 414091 TEUs, while in the same period of 2023, it was 390579 TEUs. From January to February 2024, the import volume increased by 55.8% compared to the same period in 2023.
The railway freight volume increased significantly by 17.2%, with a total of 52948 containers processed in February. Since the beginning of the year, railway transportation volume has also increased, by 7.1% compared to the same period in 2023.
In addition, car shipments increased by 5.1% in February 2024, with a total of 24805 cars passing through US ports. The car sales in the first two months of this year increased by 14.5% compared to the same period in 2023.