For all its fits and starts, the economy is picking up speed. With a relatively weak US dollar, Obama will likely achieve his NEI goal, and those of us who sell to the world will make money hand over fist. (International Freighting Weekly â David Badger) "U.S. east coast gateway handled more volumes in 2011 than it did pre-recession "The U.S. port of New York/ New Jersey set an all-time record for cargo handling last year. The 5.5 million teu handled at the port was almost 4% up on 2010 volumes, beating the previous record, set pre-recession in 2007. The portâs on-dock rail system, ExpressRail, also set a new record in 2011, handling 422,144teu â 12% up on 2010. "Port Authority Chairman David Samson said: âThese records demonstrate that despite these challenging economic times, our commitment to establishing stronger import/export trade relations, retaining and attracting the highest quality operators and investing in state-of-the-art facilities with the latest technology is working. Over the coming years we will continue to make significant investments in our port related infrastructure: US$1 billion for raising the Bayonne Bridge, as well as port road improvements and harbour deepening.â "The port of New York and New Jersey is the largest on the U.S. east coast and the third largest in the country, behind Los Angeles and Long Beach.?Its plan to raise the road bed of the Bayonne Bridge will allow the new, larger post-panamax containerships to access the port terminals. Currently the bridgeâs navigational clearance cannot accommodate the largest of these ships, which are expected to serve the port when the Panama Canal widening is complete."