Volumes at the Port Authority of New York and New Jersey’s facilities began to see modest signs of recovery from the COVID-19 pandemic in June 2021.
Bridge and tunnel traffic has nearly reached pre-COVID volumes, while the seaport set another monthly cargo record with May 2021 being the highest single-month volume in the seaport’s history. However, airport and PATH volumes have only increased slightly compared to May 2021, and remain significantly below 2019 pre-COVID levels.
As Port Authority facilities experience higher volumes than in previous months as broad pandemic-related restrictions are lifted across the country, the agency still anticipates a negative impact on its revenues overall from closures and restrictions on movement beginning in 2020. The Port Authority continues to project a $3 billion loss covering the 24-month period from March 2020 through March 2022.
The latest facility operating volumes are below. The monthly data comparisons of 2021 to 2019 establish meaningful and consistent pre-COVID baselines for tracking activity trends at Port Authority facilities.
Passenger volumes at Port Authority airports for the week of June 14-20 were down approximately 44% compared to the pre-COVID June 2019 average.
Tunnels, Bridges, & Terminals (TB&T):
Overall vehicular traffic at the Port Authority’s four bridges and two tunnels for the week of June 14-20 was down 0.4% compared to the pre-COVID June 2019 weekly average.
PATH’s average weekly ridership for the week of June 14-20 was down by 62% compared to the pre-COVID June 2019 weekly average.
The seaport’s May 2021 cargo volumes increased 23.8 percent compared to pre-COVID May 2019 levels. In May 2021, the seaport moved 796,693 TEUs (20-foot equivalent units).
In addition to sharing the most recent week’s data, volume totals by category for the month of May are listed below.
MAY 2021 VOLUMES DATA
|Airports||5.7 million passengers
Down an estimated 54% compared to May 2019 pre-COVID volumes.
|Tunnels, Bridges, & Terminals||10.2 million vehicles
Decrease of 4.7% compared to May 2019. Automobile traffic was down 3.7%, and truck traffic decreased 4% compared to May 2019.
|PATH||2.1 million riders
Down 70% from May 2019.
|Port||796,693 TEUs (20-foot equivalent units)
23.8% above May 2019 levels.
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