South Jersey Port Corporation’s (SJPC) first-quarter activity for 2024 remained strong with double digit growth reported.
Driven by strong demand and record rail volumes, SJPC experienced high levels of activity and overall cargo activity at all terminals is up 16 percent this year.
The year-to-date wood products cargo surpassed 2023, with this year’s figures 27.4 percent higher than the total for all of 2023. Steel saw a 55 percent increase at Camden Terminals.
SJPC has invested over USD8 million to enhance rail capabilities. Furthermore, the company is looking to develop additional indoor and outdoor storage capacity at Camden terminals.
This expansion comes amid rising demand from customers for steel and forest products.