South Jersey Ports is reporting strong activity through the first half of 2024, driven by high demand and record rail volume. To support this sustained growth and enhance infrastructure, South Jersey Ports has invested nearly $10 million in new infrastructure and equipment, reinforcing its commitment to efficient and reliable rail service with additional major capital improvements planned.
Key Highlights:
Strong Cargo Activity: South Jersey Ports experienced robust activity levels, with significant demand propelling operations to new heights. This includes record-breaking rail volume, highlighting the importance of rail connectivity to the overall logistics network. Year-to-date wood products cargo is more than double the volume moved in all of 2023. Steel saw a 50% increase at the Camden Terminals, while cement is 25% higher than in 2023. Overall cargo activity at the Camden Terminals is up 15%.
Investment in Infrastructure: South Jersey Ports has allocated nearly $10 million to enhance rail capabilities to support this growth, ensuring it meets and exceeds customer needs.
Sustainability Initiatives: South Jersey Ports has implemented several sustainable initiatives, including investments in rail infrastructure, transitioning to a sustainable fleet, and adopting green practices in operations. These advancements reduce the port’s environmental footprint and offer a compelling incentive for companies to prioritize sustainability.
For example, businesses like Tata Steel find that South Jersey Ports’ commitment to sustainability aligns perfectly with their environmental goals. “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.”
Future Growth and Capacity Expansion: South Jersey Ports is dedicated to meeting future demand and seizing new opportunities. It is actively 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, key commodities that drive the port’s success.
South Jersey Ports’ strategic investments not only respond to current market demands but also proactively secure its position as a leading port in the region. By enhancing infrastructure and expanding storage capacities, South Jersey Ports aims to provide unparalleled service to its clients and foster economic and job growth in the South Jersey region.
“Our commitment to continuous improvement and investment in infrastructure is essential to maintaining the high standards of service our customers expect,” said Andrew Saporito, CEO & Executive Director of South Jersey Ports.”The record rail volumes and strong demand we’ve experienced so far this year are a testament to the hard work of our team and the strategic vision we have for the future. We are excited about the opportunities ahead and remain dedicated to supporting our clients’ needs through innovation and expansion.”