Seaport Cargo and PATH Ridership Dip, as Port Authority Reports Facility Volumes

On Aug 25, 2022

The Port Authority of New York and New Jersey announced today that facility volumes at the agency’s airports and bridges and tunnels grew or maintained pace with pre-pandemic levels in July 2022, while PATH ridership remained at half of pre-pandemic totals. The seaport continued to move monthly record highs of cargo volume in July 2022, though compared to the month prior, seaport activity dipped 9.7%.

Air passenger volumes in July 2022 were 93% of pre-pandemic July 2019 volume. Traffic at the bridges and tunnels in July 2022 continued at pre-pandemic levels with volumes being on par with July 2019. PATH’s total ridership in July 2022 remained at about 50% of its July 2019 total ridership. For the 24th straight month, the seaport moved a record monthly high amount of volume in July 2022 with 17% more cargo activity compared to the volume handled during pre-pandemic July 2019.

The Port Authority has included monthly data comparisons below of July 2022 to the month prior to provide further insight into facility trends. Comparing July 2022 to June 2022, the volume at the airports increased 6%, traffic at the bridges and tunnels dipped by 1.4%, and PATH ridership in July 2022 decreased 7% from June 2022. Compared to June, which had been the seaport’s second-busiest month on record, July 2022 cargo movement was down nearly 10%.

Airports:

In July 2022, the Port Authority’s airports handled a total of 12.2 million passengers, which was 93% of pre-COVID July 2019 volumes.

Airport passenger volumes increased 6% from June 2022, when the airport served 11.5 million passengers.

Tunnels, Bridges & Terminals (TB&T):

In July 2022, the Port Authority’s four bridges and two tunnels handled a total of 10.7 million eastbound vehicles, which was essentially flat compared to the pre-pandemic July 2019 level of 10.8 million vehicles.

July 2022 volumes decreased 1.4% over June 2022 volumes when comparing average daily traffic. Automobile traffic was down 1.1%, while truck traffic decreased 4.4% compared to June 2022.

PATH:

PATH reported 3.6 million riders in July 2022, which was 50% of PATH’s total ridership in pre-pandemic July 2019.

Compared to June 2022, July 2022 total ridership decreased by 7%.

Port:

The Port of New York and New Jersey moved 776,167 TEUs (twenty-foot equivalent units) in July 2022. The month marked a two-year streak of consecutive monthly record high activity and was also the ninth-busiest month of all time for cargo activity at the port.

July 2022 cargo volume increased by 17.1% compared to July 2019.

When compared to June 2022, which was the second-busiest month for the seaport, volume decreased by 9.7%. The seaport handled 859,953 TEUs in June 2022.

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