The Port Newark terminal covers 180 acres and has estimated annual capacity of 1 million 20-foot equivalent units. MSC will be the terminal’s largest customer. MSC moved 445,592 TEUs, excluding empty boxes, through New York-New Jersey last year, according to PIERS Global Intelligence Solutions.
PNCT is owned by Ports America, which recently won a contract with an MSC affiliate, Terminal Investments, to develop a terminal at the Port of Oakland.