Yesterday, New Jersey Governor Chris Christie signed S2747/A4170 into law. This legislation, which received unanimous bipartisan support from the entire legislature, will eliminate the Port of New York & New Jersey (PANYNJ) cargo facility fee. In 2011, the PANYNJ became the only port agency in the country to impose a cargo facility charge on all containers, including empties. The fee charged is $4.95 for 20-foot containers, $9.90 for 40-containers, and $1.11 per unit for vehicle cargo. The fee is costing Maersk Line alone $3.5 million on an annual basis.