Commuter Rail

With Gov. Phil Murphy’s Fiscal 2026 budget address approaching on Feb. 25, the New Jersey Business & Industry Association wants the $1 billion Corporate Transit Tax levied on New Jersey’s largest job creators to be fully dedicated to its intended target – NJ Transit.

The California inspector general tasked with reviewing the state’s high speed rail program issued a new report stating the first segment is likely to be more than three years behind schedule and faces a $6.5 billion funding gap.

The union that represents NJ Transit’s train engineers has rejected a settlement recommended by a federal board overseeing its wage dispute with the state transit agency, clearing the path to a possible strike in March.