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The Elizabeth Marine Terminal), located on Newark Bay in Elizabeth, New Jersey, has the oldest and largest ExpressRail facility, opened inOriginally started by the Port Authority of New York and New Jersey (PANYNJ) it is now operated and managed by subcontractor Millennium Marine Rail, a joint venture of Maher Terminals and APM Terminals, the major lessees and operators at the container terminal.
The terminal was purchased in 1973 by the New York City government for $47.5 million, [2] and United States Lines moved its container port operation there that year. [3] In 1985, the Port Authority of New York and New Jersey (PANYNJ) leased the terminal for 38 years. [4] The PANYNJ took full ownership of Howland Hook Marine Terminal in 2024.
Dredging of east coast ports are under way [3] because of the New Panama Canal expansion and the expectation of larger container ships. The Jasper Ocean Terminal is a planned container terminal to be built on the Savannah River downstream of Savannah, GA that is expected to begin operations in the mid 2020s. [4]
Port Newark–Elizabeth Marine Terminal, a major component of the Port of New York and New Jersey, is the principal container ship facility for goods entering and leaving the New York metropolitan area and the northeastern quadrant of North America. Located on Newark Bay, the facility is run by the Port Authority of New York and New Jersey.
[19] [22] On September 17, 2014, the Port Authority announced that it was funding a major redevelopment of the Greenville Yard, to include a new container terminal, two new rail to barge transfer bridges, two new car float barges, each with 18 rail car capacity, and three new KLW SE10B ultra low emission locomotives. [23]
[7] [8] In 2011, the terminal handled 110,000 containers. [9] Red Hook Container Terminal LLC operates the terminal in an agreement made in 2011 with the Port Authority when it had control over the facility. [10] [11] In May 2024, the Port Authority transferred ownership of the terminal to the New York City government. [12] [13]
46 Mexico. 47 Montenegro. 48 Morocco. ... (First Transit Cargo Container Terminal in Karachi Pakistan) ... Red Hook Marine Terminal, Brooklyn, New York; Port of ...
In 2010, the New York-New Jersey Port industry supported: [119] 170,770 direct jobs; 279,200 total jobs in the NY-NJ region; Nearly $11.6 billion in personal income; Over $37.1 billion in business income; Almost $5.2 billion in federal, state and local tax revenues; Local and State Tax Revenue: $1.6 billion; Federal Tax Revenue: $3.6 billion