Menendez fought to secure $650 million in Amtrak Northeast Corridor funding, a portion of which will be dedicated to Gateway, and an additional $130.1 million in transit formula grants that can be used to advance the project.
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Transportation
NJ Transit makes good on late payments to Amtrak totaling $182M
New Jersey Transit caught up on roughly $182 million it owed to Amtrak for the use of New York Penn Station and the Northeast Corridor rail line, Gov. Phil Murphy and several senior state transportation officials announced Wednesday morning.
Read More »New England Motor Freight files for bankruptcy
Elizabeth-based New England Motor Freight voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey in Newark on Monday.
Read More »NFI acquires Seattle-based brokerage company SCR
Seattle, Wash.-based SCR will expand NFI’s non-asset intermodal services, as well as its refrigerated capabilities.
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NJ lawmakers ready trans-Hudson project manager to begin accepting federal, private money
Senate Bill 3410, approved in a 5-0 vote, establishes the Gateway Development Commission, a new bi-state agency that would accept and disperse private and federal dollars to finance the massive Gateway project, which includes a $12 billion trans-Hudson tunnel and the replacement of the Portal North Bridge.
Read More »EPA to provide $2M in grants to Port Authority to reduce air pollution
The Diesel Emissions Reduction Act grant is projected to replace up to 80 old trucks, eliminate 49.5 tons of nitrogen oxides and 16.5 tons of carbon monoxide.
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Gateway Program launches unprecedented pitch procurement process
Gateway Program Development Corp. announced it launched a virtual data room to provide potential bidders with important technical information about the Hudson Tunnel Project.
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Bill to help workers pay commuting costs clears legislature
Helping to ease commuting costs for New Jersey workers, legislation sponsored by Assemblyman Daniel Benson, D-14th District, was approved by the assembly on Jan. 31, 62-12-2. Assembly Bill 2425 will now head to Gov. Phil Murphy for further review. The bill requires every employer in New Jersey with at least 20 employees, not subject to ...
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Measure creating task force to study autonomous vehicles clears full assembly
Legislation sponsored by New Jersey Assembly Democrats Daniel Benson, 14th District; Andrew Zwicker, 16th District; and Pamela Lampitt, 6th District, to establish a task force to evaluate autonomous vehicles was approved on Thursday by the full Assembly. The measure, Assembly Joint Resolution 164, would create the New Jersey Advanced Autonomous Vehicle Task Force, comprised of ...
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Storm warning 
Hurricane Sandy flooded the Hudson River rail tunnels with seawater in October 2012, leaving the tracks that carry trains into Manhattan crusted with salt and shutting down the passageways for three days. Since then, state officials and railroad executives have been sounding alarms about the need to repair the tunnels and keep the trains moving ...
Read More »Greystone assists NJ Transit in boosting non-farebox revenues
New Jersey Transit reported an additional $800,000 in leasing revenue for fiscal year 2018, which will grow leasing revenue to $8.5 million in fiscal year 2019. Greystone Management Solutions, a real estate advisor to transit authorities, has developed with NJ Transit non-farebox revenue for the agency. This additional revenue is a result of Greystone’s and ...
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Gateway Corp. welcomes resolution asking President Trump to approve federal funding
The Gateway Program Development Corp. thanked legislators for passing New Jersey Senate Resolution 101 urging President Donald Trump to approve funding to complete the Gateway Program, including the Portal North Bridge. “We thank Senate President Sweeney, Leader Kean and Senators Codey and Lagana for this resolution, as well as the entire New Jersey legislature for ...
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