Wednesday, October 8, 2014

NY-NJ port prepares ‘winter plan’ to avoid gridlock repeat | JOC.com

NY-NJ port prepares ‘winter plan’ to avoid gridlock repeat | JOC.com: "Patrick Foye, the port authority’s executive director, said the task force’s recommendations will help New York-New Jersey retain its position as the busiest East Coast port. He noted Georgia Ports Authority CEO Curtiz Foltz’s recent remark in a “State of the Port” address that Savannah hopes eventually to surpass New York-New Jersey in cargo volume.

Last year New York-New Jersey handled nearly 5.5 million 20-foot-equivalent units, compared with about 3 million TEUs at Savannah. But Foye said Foltz’s statement “does underscore the intense competition of the port business today.”

Foy cited $3 billion in port authority investments in the last decade on projects including dredging channels to 50 feet, construction of intermodal rail ramps, raising the Bayonne Bridge by mid-2016.

He said it is “critical” that the port authority continue collecting an infrastructure-funding cargo facility charge that has been challenged by container lines before the FMC and in the New Jersey Legislature."