New York Looks to Cement Gains with Portland, Wilmington Barge Service — Panjiva


New York Looks to Cement Gains with Portland, Wilmington Barge Service

Corp - Ports 661 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3297

The Port Authority of New York and New Jersey may launch barge services for onward shipment of containers by year end to help reduce congestion. Maersk’s APM Terminals has already used local barge shipments after imports to New York cimbed 12.8% year over year in 2018. The new services would head further afield to Wilmington, DE and Portland, ME. The move is somewhat curious given only 1.7% of shipments landed at New York complete their journeys in the regions around Wilmington and Portland. An alternative explanation is that the service is designed to attract volumes that would otherwis...

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