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Published: May 2000      

Double millionaire

The Port of New York and New Jersey (NY/NJ) reports "impressive gains" in cargo volume and North Atlantic market share in 1999, when it handled a record 2.025 mill TEU, up 7.9 per cent over the previous year, so the port became a TEU "double millionaire" for the first time...

Containerised imports rose 12.8 per cent to 1.361 mTEU. offseting a small 0.9 per cent drop in containerised exports to 0.66 mTEU. Overall, general cargo grew 7.3 percent to 17.9 mt, thus outpacing the 6 per cent overall trade growth of the US economy. Total value of all cargo climbed to US$72.1 bill in 1999, an increase of 2.1 per cent from 1998......


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Approx 300 words from WorldCargo News, May 2000, page 10.

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