The Port of New Jersey in New York has become the second largest container port in the United States
- Author:Esther
- Source:souhangwang
- Release Date:2020-08-24
According to a recent economic impact research report released by the New York Shipping Association, the ports of New York and New Jersey have become the second largest container ports in the United States, earning US$36.1 billion in personal income and US$99.5 billion in corporate income in 2019. It generated nearly 12 billion U.S. dollars in tax revenue and provided 500,000 jobs.
New York and New Jersey have repositioned their ports in recent years to meet the needs of the 21st century. Infrastructure investment nearly 2.9 billion US dollars, including the construction of the Bayonne Bridge (Bayonne Bridge), the new Panama canal through the Panama canal ships.
According to the research report, the port industry currently employs nearly 240,000 workers and provides another 267,250 indirect jobs (a 26% increase from 2016), and the number of containers has increased by more than 1 million (a 19% increase from 2016).
New York Shipping President John Nardi (John Nardi) said that the epidemic has also shown to our country that the supply chain is the lifeblood of the economy and must maintain effective operations.
New York Shipping President John Nardi (John Nardi) said that the epidemic has also shown to our country that the supply chain is the lifeblood of the economy and must maintain effective operations.
In 2019, the ports of New York and New Jersey had approximately 578,000 ships in and out, loading and unloading nearly 7.5 million 20-foot equivalent containers, 50 million tons of cargo, and nearly 102,000 tons of general cargo. In addition, 304 cruise ships have been received (an increase of nearly 25% from 2016), industrial and distribution have added tens of millions of square feet of capacity, and many more are under construction.
Officials from the Port Authority of New York and New Jersey Port Authority stated that in this period of economic uncertainty, the port
The full operation of the country has become particularly important, providing employment opportunities on the premise of ensuring that the regional supply chain is unimpeded and providing urgently needed supplies for millions of residents.
The continuous activities of the port industry have created and maintained employment opportunities and income. Between 2014 and 2019, public institutions and private port operators invested nearly US$2.9 billion in infrastructure construction at the port, including raising the height of the Bayonne Bridge, improving terminal buildings and berths, cargo handling equipment, intermodal railway infrastructure and roads, It also provided a total of approximately 25,200 jobs for the region (including nearly 14,400 direct jobs), personal income of US$2 billion, business activities of US$4.9 billion, federal, state, and local tax revenue of US$607 million (including state and local tax revenue of US$207 million, $400 million in federal tax revenue).
The full operation of the country has become particularly important, providing employment opportunities on the premise of ensuring that the regional supply chain is unimpeded and providing urgently needed supplies for millions of residents.
The continuous activities of the port industry have created and maintained employment opportunities and income. Between 2014 and 2019, public institutions and private port operators invested nearly US$2.9 billion in infrastructure construction at the port, including raising the height of the Bayonne Bridge, improving terminal buildings and berths, cargo handling equipment, intermodal railway infrastructure and roads, It also provided a total of approximately 25,200 jobs for the region (including nearly 14,400 direct jobs), personal income of US$2 billion, business activities of US$4.9 billion, federal, state, and local tax revenue of US$607 million (including state and local tax revenue of US$207 million, $400 million in federal tax revenue).