Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

newsworthy

Year-end cargo volume up 4% at Port of New York and New Jersey

Port marks record year, moving more than 7.4 million TEUs, officials report.

Year-end cargo volume up 4% at Port of New York and New Jersey
DC Velocity Staff
By DC Velocity StaffFeb 10, 2020
DC Velocity Staff
See Full Bio

The Port of New York and New Jersey is celebrating a record-setting 2019, port officials said today. 

The port processed 7.47 million twenty-foot equivalent units (TEUs) last year, a 4.1% increase compared with 2018, when the port surpassed the 7 million TEU-mark for the first time. Imports reached 3.8 million TEUs in 2019, up 2.6% compared to 2018, and exports reached 3.7 million TEUs, up 5.6% compared to the year-earlier period.

December results were weaker. Total volume fell 4% to 584,743 TEUs while imports fell nearly 9% to 290,508 TEUs. December exports were up 1.1% to 294,235 TEUs.

Rail volume finished the year on a high note, posting a 3% increase compared to 2018, officials said. December rail volume rose by 4.9% over the year-earlier period.

ArticleTransportationMaritime & Ocean
port of new york and new jersey
ArticleTransportationMaritime & Ocean
port of new york and new jersey

The Latest

chart of employment levels in transportation sectors
Labor

Unemployment rate stayed flat in December for transportation sector

frigo-trans truck hauling healthcare cargo
Parcel & Postal Carriers

UPS acquires two German healthcare logistics specialists

warehouse worker managing inventory
Reverse Logistics

DHL Supply Chain acquires returns specialist Inmar Supply Chain Solutions

More Stories

Report: Five trends in AI and data science for 2025

Report: Five trends in AI and data science for 2025

Artificial intelligence (AI) and data science were hot business topics in 2024 and will remain on the front burner in 2025, according to recent research published in AI in Action, a series of technology-focused columns in the MIT Sloan Management Review.

In Five Trends in AI and Data Science for 2025, researchers Tom Davenport and Randy Bean outline ways in which AI and our data-driven culture will continue to shape the business landscape in the coming year. The information comes from a range of recent AI-focused research projects, including the 2025 AI & Data Leadership Executive Benchmark Survey, an annual survey of data, analytics, and AI executives conducted by Bean’s educational firm, Data & AI Leadership Exchange.

Keep ReadingShow less

Featured

two women shopping and buying goods
Reverse Logistics

Study: Over 15% of all retail returns in 2024 were fraudulent

Jason Schenker
Supply Chain Strategy

Straight talk on supply chains and the economy: An interview with Jason Schenker

J.B. Hunt last-mile delivery truck
Trucking

“Big and bulky” final-mile providers see a market with solid growth prospects—and some tough challenges

photo of earth from space
Global Logistics

Maersk offers 5 steps to make your supply chain “antifragile”

person holding smartphone with freightcenter app for tracking shipments
Transportation 3PL

3PL BlueGrace Logistics acquires FreightCenter

aerial photo of port of miami

East and Gulf coast strike averted with 11th-hour agreement

Shippers today are praising an 11th-hour contract agreement that has averted the threat of a strike by dockworkers at East and Gulf coast ports that could have frozen container imports and exports as soon as January 16.

The agreement came late last night between the International Longshoremen’s Association (ILA) representing some 45,000 workers and the United States Maritime Alliance (USMX) that includes the operators of port facilities up and down the coast.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
forklifts in warehouse

Demand for warehouse space cooled off slightly in fourth quarter

The overall national industrial real estate vacancy rate edged higher in the fourth quarter, although it still remains well below pre-pandemic levels, according to an analysis by Cushman & Wakefield.

Vacancy rates shrunk during the pandemic to historically low levels as e-commerce sales—and demand for warehouse space—boomed in response to massive numbers of people working and living from home. That frantic pace is now cooling off but real estate demand remains elevated from a long-term perspective.

Keep ReadingShow less
drawing of warehouse for digital twin

Kion Group teams with Accenture and Nvidia to design intelligent warehouses

German lift truck giant Kion Group will work with the consulting firm Accenture to optimize supply chain operations using advanced AI and simulation technologies provided by microchip powerhouse Nvidia, the companies said Tuesday.

The three companies say the deal will allow clients to both define ideal set-ups for new warehouses and to continuously enhance existing facilities with Mega, an Nvidia Omniverse blueprint for large-scale industrial digital twins. The strategy includes a digital twin powered by physical AI – AI models that embody principles and qualities of the physical world – to improve the performance of intelligent warehouses that operate with automated forklifts, smart cameras and automation and robotics solutions.

Keep ReadingShow less
Copyright ©2025.