The Port of New York and New Jersey is the gateway to one of the most concentrated consumer markets in North America. It is the largest port on the East Coast, and the third largest in the nation. Our ability to get goods into the hands of consumers quickly gives us our competitive edge along with receiving the most first port of calls, 72%, than any other East Coast port.
The overall Port Authority dates back 100 years, and we began our operations of Port Newark in 1948. The opening of the Elizabeth-Port Authority Marine Terminal in 1962 ushered in a new era of containerization. In 1996, we reopened the former Howland Hook Marine Terminal anew after significant redevelopment. Finally, in 2004 we launched the Cape Liberty Cruise Terminal on the site of a previous Military Ocean Terminal. In 2020, the Port of New York and New Jersey handled cargo containers valued at nearly $200 billion.
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