Commuter Rail

NEWARK, N.J. — Gov. Jon S. Corzine welcomed U.S. Transportation Secretary Ray LaHood’s $650 million “down payment” toward a federal funding commitment of $3 billion for the historic Mass Transit Tunnel. LaHood and Federal Transit Administrator Peter Rogoff have notified Congress of the agency’s approval of a $1.35 billion Early Systems Work Agreement for the Access to the Region’s Core (ARC) Mass Transit Tunnel, money that will support the transit tunnel’s initial phases of construction. Some $650 million of the $1.35 billion in the agreement is from federal sources, including $130 million in stimulus funds under the American Reinvestment and

NEWARK, N.J. — N.J. Transit rail service to major events at Giants Stadium launched July 26 for the 2009 CONCACAF Gold Cup Final championship soccer match. “The startup of rail service to the Meadowlands Sports Complex is great news for New Jersey residents because it will be easier than ever to avoid roadway congestion and take our convenient public transportation system to world-class sporting and entertainment events,” said Gov. Jon S. Corzine. Trains to the Meadowlands Sports Complex will operate for select stadium events of 50,000 fans or more, including all Giants and Jets pre-season and regular season home games,

ATLANTA — MARTA “stands to lose” hundreds of millions in sales tax revenues over the next decade on top of an already projected $1.2 billion shortfall, according to a new economic analysis from the Georgia State University Economic Forecasting Center, the transit authority. This forecast shows “the urgent need for a new dedicated and reliable source of transit funding in the state and region,” MARTA said. About a month into the new fiscal year, MARTA is already re-evaluating its options to address a continuing shortfall in FY 2010 revenues, officials said. “This new report is extremely sobering.  Unfortunately, we’ve continued