The Port of New York and New Jersey has officially regained its status as the busiest container port in the United States.
Despite a traditionally slow spell for US ports in February, the Port of New York and New Jersey managed to move 571,177 TEU (Twenty-Foot Equivalent Units) of cargo in February, beating West Coast competitors such as the Port of Los Angeles and the Port to be surpassed by Long Beach by more than 83,000 TEU and 27,000 TEU respectively.
This comes after the Port of New York and New Jersey handled 645,430 TEUs in January, making it the country’s second-busiest container port behind the Port of Los Angeles, which handled 726,013 during the month.
In total, the ports of New York and New Jersey moved a whopping 1,216,607 TEUs in the first two months of 2023, making it the country’s busiest container port at the start of 2023.
The port has been particularly active in clearing its empty container inventory, having removed more than 390,000 TEUs so far this year. This has helped improve seaport operations and fluidity, ensuring more container terminal space is available to allow imports to be processed faster in the future.
“The Port of New York and New Jersey is again No. 1 in the nation,” said Port Authority Chairman Kevin O’Toole. “After years of unprecedented cargo growth, we are taking advantage of this traditionally slow phase to work with our port stakeholders who need to increase capacity across the regional supply chain. We expect a stronger second half of the year as we have had discussions with many importers who have shifted volumes to us from elsewhere and have now committed to keeping those volumes in our gateway.”
Rick Cotton, Executive Director of the Port Authority, also commended the port’s success, saying, “The return of the Port of New York and New Jersey to the top spot as the busiest port in the country demonstrates the port’s continued reliability and consistency as other ports lagged behind.” confronted with uncertainties and challenges at the time.”
In 2022, the ports of New York and New Jersey handled nearly 9.5 million TEUs, the highest annual cargo volume in history but just under the Port of Los Angeles’ 9.9 million TEUs. The port was the country’s busiest container port for four months last year, beginning in August and ending in November.