New Jersey Gov. Phil Murphy proposed $815 million in funding from the Corporate Transit Fee to support NJ Transit in his fiscal 2026 state budget address.
Forbes has recognized NJ Transit as one of the best places to work for the fifth straight year and one of the best large employers in the nation on the 2025 Forbes America’s Best Employers List for the second consecutive year.
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 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.
The U.S. Department of Transportation has awarded NJ Transit a $6.8 million grant, allowing it to proceed with determining needed upgrades at existing and planned future garages as it transitions to a zero-emission bus fleet by 2040.
The New Jersey Senate passed a measure to make disabled persons who receive disability payments under the federal Railroad Retirement Act eligible for a homestead property tax reimbursement.
The New Jersey Assembly Transportation Committee approved legislation delaying a government mandate forcing manufacturers of medium- and heavy-duty trucks to sell only new battery-powered vehicles to decrease the number of diesel-powered trucks on state roads.
The NJ Transit Board of Directors advanced the construction of the new Raritan River Bridge on the North Jersey Coast Line by awarding the second construction contract, which encompasses the lift portion of the bridge.