Port Proximity

Port Highlights

  • The Port of New York and New Jersey is the gateway to one of the most concentrated and affluent consumer markets in the world. It is the largest port on the East Coast, and the second-largest in the nation.
  • It set a new nine-month record in 2019, handling 5,620,381 TEUs (20-foot equivalent units) , an increase of 5.5 percent over the previous record for the period set in 2018 with port volumes once again placing the port as No. 2 in the nation.
  • The port reported a new record for the month of September with 624,961 TEUs handled, 3.6% more than the previous record set in 2018.
  • The Port Authority’s ExpressRail system also set a 3rd quarter record, handling 498,661 containers during the nine-month period, 3.2% more than 2018.
  • More than $2 billion of public and private investments facilitating record growth and enabling the Port of NY and NJ to overtake Long Beach, CA as the second busiest port in the U.S. based on volumes.

Tangible Progress

  • Facilitated access of ultra-large, efficient cargo ships to the ports by raising the Bayonne Bridge.
  • Completed this month the fourth and final major terminal rail facility creating a state-of-the-art ship to rail capability, dramatically increasing the Port’s capacity to deliver or receive goods to/from destinations in the interior of the country through mainline freight railroads (CSX and Norfolk Southern).
  • Added new barges, locomotives, and related infrastructure for cross-harbor rail operations.

Source: www.panynj.gov

Contact Information

Exclusive Marketing Agents

Kenneth D. Lundberg, SIOR

Senior Vice President

201-488-5800 x138
Scott K. Perkins, SIOR, CCIM

Senior Vice President

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Russell J. Verducci

Vice President

201-488-5800 x121

Owner Operator

Ronel Borner

Senior Vice President

Development

201-221-1904
David Nenner
David Nenner

Senior Vice President, Regional Manager

Asset Management

201-221-1918