December 19, 2018---North Bergen--Governor Andrew M. Cuomo tours the North River Rail Tunnel that connects New Jersey and New York Wednesday night December 19, 2018. The North River Tunnels are a pair of tunnels that carry Amtrak and New Jersey Transit rail lines under the Hudson River between Weehawken, New Jersey and Pennsylvania Station in Manhattan, New York City. As of March 2018, up to $541 million for the Gateway Project, a program to build two additional rail tunnels under the Hudson River, was provided in the Consolidated Appropriations Act. (Kevin P. Coughlin/Office of Governor Andrew M. Cuomo)
NEW YORK – The Gateway Development Commission (GDC) board voted to make the GDC the project sponsor for the complete Hudson Tunnel Project.
Officials said the move is a critical milestone in receiving the billions of dollars in federal taxpayer money it needs.
The Project Sponsor is responsible for overseeing and completing the project on time and within budget, applying for and receiving Federal loans, and ensuring that the project meets all of its responsibilities under Federal requirements.
With the Commission’s resolution, the GDC will now work with the current Project Sponsor, the Port Authority of New York and New Jersey, to officially notify the Federal Transit Administration (FTA) and Federal Railroad Administration (FRA) of the change and take the necessary actions to complete the transfer of sponsorship.
Before you copy and paste this information to your website, please keep in mind this research took a lot of effort. Appreciate it. Learn from it. But do not plagiarize it. Yes, if you think we might be talking to you, we are.
June 26, 2024New Jersey MonitorComments Off on Mediation Ends for NJ Transit and Train Engineers, Clearing Path to Strike in Months
The National Mediation Board has ended more than four years of negotiations between NJ Transit and a union representing its engineers without a resolution, paving the way for a strike that federal law could still delay by months.
WASHINGTON — Amtrak passenger ticket revenue increased in Fiscal Year 2006 to $1.37 billion, the highest annual ticket revenue ever achieved, and, at $132 million over last year, the railroad’s largest year-over-year increase. The railroad also served 24.3 million passengers — nearly 300,000 more than for the same trains in the previous fiscal year. Total ticket revenue for the period October 2005 through September 2006 was an 11 percent increase over the $1.23 billion in FY05. Ridership increased from 24 million to 24.3 million — a one percent increase over the previous 12 months. “These numbers are indicative of the
