THE New York Shipping Association (NYSA) has announced its charge per container with a destination within 260 miles of the Port of New York and New Jersey has been reduced to US$110 from $120.
Containers with a destination within 260 miles of the port comprise nearly 75 per cent of the total cargo throughput at the port
"NYSA has also established a new rate for all loaded rail containers at $10 each, a reduction of as much as $100 per box," said Frank McDonough, president of NYSA.
"Efficiencies gained by redevelopment and reorganisation of our port facilities, increased cargo velocity, and continued growth in volumes justify these reductions," he said.
Operational cost reductions are the result of lowering the cost to use the railways to move goods in and out of the port, which handled more than 2.9 million containers last year.
Over the past year, cargo is said to have increased more than eight per cent at the port, and that trend is expected to continue this year.
The New York Shipping Association is a non-profit corporation of ocean cargo carriers, terminal operators, stevedores and marine-related businesses that use or operate at the port.
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