Posted on March 31, 2025
The Port of New York and New Jersey reported a positive start to 2025, handling 720,747 TEUs in January—a year-on-year increase of 8 per cent compared to 667,346 TEUs in January 2024.
Growth at the Port of New York and New Jersey was driven largely by a 10.5 per cent rise in imports, which totalled 378,632 TEUs, up from 342,790 TEUs in the same month last year.
However, exports declined by 5.7 per cent, with 98,706 TEUs moved in January 2025, compared to 104,724 TEUs in January 2024.
Export empties rose significantly by 11 per cent to 241,751 TEUs, while import empties dropped 15.1 per cent year-on-year.
Rail volumes were down slightly, falling 1 per cent to 52,487 containers in January. Meanwhile, the port handled 23,241 automobiles—representing a 14.5 per cent decrease compared to January 2024.
In related developments, the Port Authority of New York and New Jersey (PANYNJ) recently finalised a major agreement with Maersk to extend APM Terminals’ (APMT) lease at the Elizabeth terminal until December 2062.
This 33-year lease extension opens the door for significant infrastructure investments aimed at increasing capacity and transport speed, generating jobs, and boosting the US economy.
This performance update follows last year’s announcement that PANYNJ has secured $347 million in federal funding through the Clean Ports programme—targeted at advancing zero-emissions operations across port facilities.
