Park Ridge-based Hertz Global Holdings Inc. today reported record-setting fourth-quarter and full-year revenue figures on the strength of its acquisition of Dollar Thrifty.
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Transportation
Light at the end of the rail tunnel
After pumping millions of gallons of water from its trans-Hudson rail tunnels, Amtrak was left with more than just miles of damaged equipment in Hurricane Sandy's wake. It was also faced with a new source of urgency for what was already a pressing need — relieving the clogged passages between New Jersey and New York, while upgrading the...
Read More »Shore highway rebuild is aggressive, but ‘there’s no other way,’ expert says
The state will seek bids as soon as next month for an aggressive project to rebuild storm-battered stretches of Route 35, with construction to start and continue through peak summer months in hopes of restoring the busy Jersey Shore corridor as soon as possible.
Read More »Rutgers leads partnership to build transit career network
Rutgers University is leading a partnership that's creating a transit career network website to provide information on jobs, career paths and education in transportation, according to an announcement from the school.
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Sandy put icing on the cake for solid year in N.J. hotels
More than $87 million in state hotel and motel occupancy fees was collected in 2012, compared to $80 million collected in 2011 and $75 million collected in 2010.
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Trenton airport ramps up flight schedule ahead of Super Bowl
Trenton-Mercer Airport offers nonstop service to Orlando through Frontier; the carrier launched flights to Fort Myers and Tampa today, and will start flights to New Orleans on Friday and Fort Lauderdale on Saturday.
Read More »A new Frontier for Trenton airport
In addition to offering nonstop service to Orlando — which took off on Nov. 16 — and flights to Fort Myers, Fort Lauderdale, Tampa and New Orleans — which will begin on Jan. 31 — Frontier will start providing service to Atlanta, Ga.; Chicago, Ill.; Columbus, Ohio; Detroit, Mich.; and Raleigh, N.C., from Trenton on ...
Read More »Port strike temporarily averted as sides agree to 30-day extension
A port strike poised to unleash economic havoc by shutting down 14 East Coast and Gulf ports at midnight Saturday was averted today when the International Longshoremen’s Association and the United States Maritime Alliance agreed to extend their talks until midnight Jan. 28.
Read More »Executive says things looking up at expanded Atlantic City airport
Though the Port Authority of New York and New Jersey has not yet made a decision on taking control of operations at Atlantic City International Airport, an executive for the airport's current operator said business will take off regardless of who's in charge, as a 75,000-square-foot expansion unveiled today has paved the way for increased air...
Read More »Infrastructure challenges seen in PATH’s slow return to service after Sandy
Despite ongoing capital investment in infrastructure improvements for the Port Authority Trans Hudson service, the rail system's limited operations more than a week after Hurricane Sandy has shed a light on its core vulnerabilities to extreme weather, a transportation industry expert said.
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Gas becomes hot commodity for N.J. businesses, post-Sandy
With lines at gas pumps growing increasingly longer in the wake of Hurricane Sandy, businesses in the state are frugally doling out their gas supplies and looking for new tankers to keep their employees commuting to work.
Read More »Chinese visitor finds trade opportunities during N.J. stop
After touring a few of New Jersey's largest wholesalers and importers on a visit to the state on Thursday, Yun Wu, a reporter at China's People's Daily newspaper, said the companies' Chinese counterparts have a lot to learn in order to stay competitive with New Jersey in the global market.
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