January volume indicates strong start to 2024 at the Port of NY and NJ

The Port of New York and New Jersey started the new year with robust volume and auto numbers. Total volume for January 2024 rose by 3.4 percent from the previous year, totaling 667,346 TEUs (368,099 containers), compared to 645,430 TEUs (358,046 containers) in January 2023. Autos posted double-digit gains, as 35,302 autos moved through the Port of New York and New Jersey in January, a 22.1 percent rise compared to January 2023.

The port was the second busiest in the nation for loaded imports and exports in January 2024, handling 447,514 loaded TEUs. This was 2.6 percent above January 2023 levels.

Imports were up 5.8 percent in January versus the previous year. January 2024 imports totaled 342,790 TEUs (189,699 containers), while 323,981 TEUs (180,197 containers) were posted in January 2023. Import empties rose by 27.1 percent this January compared to 2023.

Exports decreased by 6.7 percent from January 2023 to January 2024, tallying 104,724 TEUs (55,890 containers), compared to 112,269 TEUs (60,506 containers) in January 2023. Export empties totaled 217,878 TEUs in January versus 207,643 TEUs in January 2023, a 4.9 percent increase.

Rail volume fell slightly (1.3 percent) from the previous year’s figure in January, totaling 53,013 containers.