Tuesday, July 31, 2012

NY-NJ ExpressRail port traffic grows 10%

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The Port Authority of New York & New Jersey reported July 31 that ExpressRail, its rail system serving New York and New Jersey marine terminals, reported a record 10% increase in cargo transported during the first half of 2012.

The agency spent $600 million building the system and says its growth amply justifies the investment.

The Port Authority said that that during the first six months of this year, ExpressRail transported 228,298 cargo containers from port terminals in Elizabeth and Newark, N.J., and Staten Island, N.Y., putting the system on pace to exceed the previous record set in 2011. It said the increase is attributable, in part, to a new ExpressRail service between the Port of New York and New Jersey and Chicago that began this year.

The New York Container Terminal at Howland Hook, Staten Island, reported the biggest increase in rail cargo transported, up 45% this year compared with the same six-month period in 2011.

“ExpressRail provides shippers with a modern, cost effective, and environmentally friendly way to move goods to the most robust consumer markets in the country, giving our port another advantage to ensure that we remain the premier destination for cargo on the East Coast,” said Port Authority Chairman David Samson.