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Waterside Tour of the Port of New York and New Jersey

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Waterside Tour of the Port of New York and New Jersey Waterside Tour of the Port of New York and New Jersey Commander Ellis Moose, US Coast Guard Sharon McStine, Port Authority of NY& NJ Beverly Fedorko, New York Shipping Association Anne Strauss-Wieder, North Jersey Transportation Planning Authority #naiopicon Our Route Port Newark Container Terminal APM Terminals GCT Bayonne Bayonne Bridge NY Container Terminal Some of What You May See The Port Authority of New York and New Jersey DELIVERING THE GOODS FOR OUR REGION – OUR NATION - THE WORLD THE PORT OF NY AND NJ DELIVERING FOR THE REGION: The East Coast’s Largest Port – Located in the largest consumer marketplace in North America - 23 million local consumers and 100 million more within 36-hour reach - Six container terminals, covering 1,340 acres - Serving every major ocean carrier, with 74% first port of call - Three cruise passenger terminals - 13 auto carriers and more than 100 bulk vessels call on the port - An intricate, expansive, and highly efficient transportation network - Large concentration of warehouse, distribution, and manufacturing facilities In 2015, the port handled 3.7 million containers and total cargo valued at $208 billion THE PORT OF NY AND NJ DELIVERING SERVICES: THE PORT OF NY AND NJ DELIVERING SHARED SUCCESS: Jobs, Income, and Revenue – 336,600 total jobs in the Region – More than $21.2 billion in personal income – Almost $53.5 billion in business income – Nearly $7.1 billion in federal, state and local tax revenues • Federal over $4.7 billion • Local and State over $2.3 billion There was an increase of 13% over 2012 in the number of full-time jobs generated by the port in 2015. THE PORT OF NY AND NJ DELIVERING GROWTH: A Record Year In 2015 – The port captured 15.8% of the total U.S. market share – Terminals handled 6.4 million TEUS, with loaded containers split between 2/3 imports and 1/3 exports – Cargo handled by Expressrail, our ship to rail system had a record year with over 520,000 lifts up 12.2%. The Port of NY and NJ exceeded its 2015 volume record by more than 10% THE PORT OF NY AND NJ DELIVERING INVESTMENTS: Ensuring Tomorrow’s Success – $1.3 billion to raise the roadway of the Bayonne Bridge – $2.3 billion to deepen the shipping channel to 50 feet – $1.5 billion to build a new Goethals Bridge – Construct a 4th on-dock rail facility – Widening, realigning, and updating port roadways Our 10-year agency wide capital campaign, begun in 2014, will invest $27.6 billion for our transportation infrastructure. THE PORT OF NY AND NJ DELIVERING INVESTMENTS: Private Investment in Ensuring Tomorrow’s Success • Terminal Operators have invested approximately $2 billion in terminal improvements in the past decade. • In the next five years (2016-2020), they will invest nearly $1 billion more on: • Terminal Handling Equipment • Super Post Panamax Cranes • Modernizing Gate Systems • Berth and Yard Improvements These public and private investments will ensure the Port of NY/NJ remains a premier center for global trade for decades to come. New York Shipping Association (NYSA) is a non-profit organization whose members are the ocean carriers and terminal operators who do business in the Port of New York and New Jersey. We also have associate members who provide certain services in the port like security guards, container repairs or auto processing. The Port Provides Major Economic Benefits • As of 2014 : – 336,600 total jobs in the Region – More than $21.2 billion in personal income – Almost $53.5 billion in business income – Nearly $7.1 billion in federal, state and local tax revenues • Federal over $4.7 • Local and State over $2.3 billion – New Jersey $1.8 billion – New York City $430 million – State of New York $520 million – Lehigh Valley, PA $103 million Private Investment in Infrastructure Preparing for the Future • Terminal Operators have invested approximately $2 billion in terminal improvements in the past decade. • In the next five years (2016-2020), they will invest nearly $1 billion more on: – Cargo Handling Equipment – Super Post Panamax Cranes – New Gate Systems – Berth and Yard Improvements – Intermodal rail capacity Waterside Tour of the Port of New York and New Jersey Commander Ellis Moose, US Coast Guard Sharon McStine, Port Authority of NY& NJ Beverly Fedorko, New York Shipping Association Anne Strauss-Wieder, North Jersey Transportation Planning Authority #naiopicon.
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