APM Terminals to invest US$70m in New Jersey facility

APM Terminals (APMT) is to invest US$70m in its largest facility on the US East Coast, enabling it to receive increased loads from larger vessels travelling via the Panama Canal.

Annual capacity at the terminal in Port Elizabeth, New Jersey, will increase from 1.5m teu to 2.3m teu due to the addition of a new berth capable of handling 13,000 teu vessels.

The facility in the Port of New York and New Jersey handles 2,100 trucks per day, 4,000 terminal gate transactions and more than 500 vessel calls per year.