The 2.5% surtax — called the corporate transit fee — would apply to businesses with more than $10 million in profit. It would affect roughly 600 businesses, is expected to generate about $1 billion in its first year, and would sunset after five years.
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Gov. Phil Murphy, the leadership of Amtrak and New Jersey Transit and other officials convened Thursday morning to discuss how the two agencies can better coordinate to address the severe train problems that have plagued commutes in recent weeks.
Carteret received $5.6 million in funding for its planned Carteret Intermodal Transportation Building project as part of $1.8 billion round of grant awards from the U.S. Department of Transportation. The funding comes via the Bipartisan Infrastructure Law’s Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program.
A Bergen County congressman said the Port Authority needs a $1 billion loan from the federal government to get its planned replacement of the agency's Manhattan bus terminal underway.
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The effort to start commuter ferry service between Carteret and New York City got another fiscal boost from a $5.6 million federal infrastructure grant from the U.S. Department of Transportation.
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City officials are unveiling plans to build a downtown pocket park at Smith Street and Madison Avenue, formerly known as Fink Park, as part of an ongoing effort to curate more green spaces throughout the neighborhoods.
After a hellish week of delays for NJ Transit commuters caused by issues with Amtrak wires and signals, New Jersey’s entire House delegation sent a letter today to U.S. Secretary of Transportation Pete Buttigieg asking for a federal investigation to determine what led to the breakdowns and what can be done to prevent similar disasters in the future.
The Glimmer Glass Bridge connecting Brielle and Manasquan along Fisk Avenue has been reopened for vehicles and pedestrians. It had closed on June 14 after "necessary repair work" was discovered.
Work to install a liner inside the Roseville Tunnel is nearly complete, but active commuter rail service to southern Sussex County is still about two years away.
Trains on the country’s busiest commuter rail line stopped running Friday for the third time this week amid scorching heat and persistent technical problems, spawning a new round of finger-pointing.