The Port of New York and New Jersey handled 660,553 TEUs in September, a 21.6% decrease from the same month last year. This takes the total volume for the year through September at the US port to 5,789,116 TEUs.
“The numbers reflect a resetting of cargo volumes following record setting years in 2021 and 2022,” said the port in a statement.
In addition, imports fell 19.9% in September compared to the previous year, totalling 339,033 TEUs. Since January, imports in the Port of New York and New Jersey have totalled 2,957,589 TEUs, translating to a year-over-year 21.5% decline.
In September, exports were relatively stable at 100,379 TEUs, representing a slight 2.8% drop. The Port of New York and New Jersey exported 957,931 TEUs from January to September, translating to a 1.6% decrease year-over-year.
In September, export empties totalled 219,407 TEUs, a 30.1% decline from the previous month’s total of 313,762 TEUs. From January to September, the Port of New York and New Jersey handled 1,858,240 export empties, a 28.8% decline. Import empty containers increased by 6.8% from January to September of this year compared to the same period in 2022.
Furthermore, rail volume declined by 12.6% in September compared to the previous year, reaching 53,598 containers. Rail traffic declined by 13.1% from January to September compared to the same period in 2022.
In addition, 32,787 vehicles passed through the Port of New York and New Jersey, a 2.8% increase over September 2022. From January to September, auto volume was 11.5% lower than in the same period in 2022.