2010 cargo volumes at the Port of New York and New Jersey rose 16.0% over 2009 to 5.3 million loaded and unloaded 20-foot equivalent units (TEUs). The number is just shy of 2007 volumes of 5,299,105 TEUs, which was an annual record for the port.
Additionally, ExpressRail, the Port Authority's on-dock rail system in New York and New Jersey, handled 376,770 cargo containers, an increase of 22.3 percent over 2009.
In 2011, the Port Authority of New York and New Jersey will invest $283 million in seaport-related improvements to improve efficiency and capacity at the Port.
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