South Jersey Ports eye growth as breakbulk cargo throughput jumps
The South Jersey Ports is experiencing a significant growth in breakbulk traffic prompting major investment in new infrastructure. Rail freight volumes reached record highs during the first half of the year, according to South Jersey Ports Corporation.
South Jersey Ports experienced robust activity levels, which include record-breaking rail volume, highlighting the importance of rail connectivity to the overall logistics network, according to the port. “Year-to-date wood products cargo is more than double the volume moved in all of 2023. Steel saw a 50 per cent increase at the Camden Terminals, while cement is 25 per cent higher than in 2023. Overall cargo activity at the Camden Terminals is up 15 per cent,” South Jersy Ports said.
High activity has prompted South Jersey Ports to allocate nearly $10 million to enhance rail capabilities and support growth. The majority of the investment will revolve around sustainable initiatives, including investments in rail infrastructure, transitioning to a sustainable fleet, and adopting green practices in operations.
This is a welcome sight for the likes of Tata Steel. “South Jersey Ports’ sustainability initiatives resonate deeply with Tata Steel’s commitment to reducing our carbon footprint,” said Andy Taylor, Head of Logistics Sourcing, Outbound Logistics, Business Planning & Supply Chain at Tata Steel. “Their personalized services and dedication to green practices make them an exceptional partner for our operations.”
Furthermore, South Jersey Ports is exploring ways to develop additional indoor and outdoor storage capacity at the Camden terminals. This expansion is crucial for handling the increasing demand from current and new customers for steel and forest products.