The Port of New York and New Jersey is developing a Port Master Plan (PMP), the company said in its press release.
The PMP will guide the port’s growth and development through a holistic and dynamic decision-making process aimed at continuing to enhance the port’s position as the premier North American East Coast gateway to 2045.
To do this, the PMP will establish an informed and comprehensive road map designed to increase operational efficiency; optimize land utilization, business planning, capital requirements, and customer relation strategies; reduce environmental impacts; and enhance revenue opportunities. Special attention will be paid to engage the port’s various stakeholders, as well as to capitalize on earlier investments made by The Port Authority of New York and New Jersey and its port tenants.
Stakeholders include representatives throughout the entire supply chain from the maritime, transportation, logistics, and distribution industries, as well as planning organizations, regulatory agencies, labor groups, host communities, and elected officials. Transparency, inclusivity, and feedback from all these entities is considered paramount for the success of the PMP to gather information and direct decision-making from a well-informed position moving forward.