The transportation committees of the New Jersey Assembly and Senate overwhelmingly passed 10-year, $23 billion bills that would bolster the state’s Transportation Trust Fund. The full chambers must vote on the measures before the fund’s borrowing authority expires July 1.
June 24, 2016Government
New Jersey Transportation Funding Debate Rages
Less than a week after Gov. Christie termed the state’s Transportation Trust Fund “obsolete,” New Jersey legislative leaders are pushing a 10-year, $23 billion infrastructure plan that’s largely funded by a 26 cents-per-gallon tax hike on diesel and 23 cents-per-gallon on gas.
June 16, 2016GovernmentBusinessLogistics
N.Y.-N.J. Authority Delays Bayonne Bridge Project Two Years
The Port Authority of New York and New Jersey announced a nearly two-year delay in completing a $1.3 billion bridge raising project that would allow the largest containerships to reach the third-largest U.S. port.
October 2, 2015Government
NY-NJ Port Considering Private Investors for New Bridge
For the first time since its founding nearly a century ago, the Port Authority of New York and New Jersey is seeking private investors to help it replace one of its facilities — the aged Goethals Bridge that connects the New Jersey Turnpike to Staten Island and other points in New York.
May 18, 2010