DIRS.INFO The most relevant business & tech news

☆ With congestion pricing stop, New York City enters new era of economic gridlock
▼ + stars: | 2024-06-09 | by ( ) www.cnbc.com time to read: +9 min

Alexander Spatari | Moment | Getty ImagesAs U.S. cities continue their recovery from the pandemic and inflation, New York City was expected to provide a key national test for the economic value of congestion pricing. A cost of living crisis, preparing for climate challenges, and aging infrastructure, including public transportation, all made the congestion pricing plan make sense to many. Her group also has supported a congestion pricing plan for two decades. The long, and often losing, history of congestion pricing The battle over congestion pricing in New York City has a much longer history than you may think. In 2007, then-New York City Mayor Michael Bloomberg made the case for congestion pricing, but couldn't get enough support in the state's capital.

Persons: Alexander Spatari, United States —, Kathy Hochul, Hochul, JPMorgan Chase, Jamie Dimon, —, Kathryn S, Wylde, Josh Gottheimer, William Vickrey, Michael Bloomberg, Andrew Cuomo, Cuomo, that's, Gottheimer Organizations: Metropolitan Transportation Authority, MTA, New, Business District, Gallup, JPMorgan, New York's Department of Transportation, Partnership, Community Service Society, MTA Traffic, Regional Plan Association, Jersey Transit, New York City, New York Times, New York, Buffalo . Rep, Buffalo Bills Locations: New York City, United States, Covid, Manhattan, New York, New Jersey, New Jersey's Sussex County, Jersey, Connecticut, Long Island, Southeastern New York, New, Buffalo

☆ Kathy Hochul Made the Wrong Decision on Congestion Pricing - The New York Times
▼ + stars: | 2024-06-06 | by ( Tom Wright | Kate Slevin | ) www.nytimes.com time to read: +1 min

Kathy Hochul’s decision to “indefinitely pause” congestion pricing in Manhattan is likely to reverberate for decades, much like the former New Jersey governor Chris Christie’s decision in 2010 to block construction of a badly needed new rail tunnel under the Hudson River. Both were short-term choices that pushed aside critical long-term investments in the most mass-transit-dependent metropolitan area of the nation. The decision by Mr. Christie, which he said was based on the project’s cost, compromised the region’s competitiveness, economy and environment. Ms. Hochul’s action raises questions about whether congestion pricing, which was set to begin at the end of the month, will ever happen. It will mean continued congestion on some of the world’s most traffic-stymied streets and no relief from the air pollution from auto and truck exhaust.

Persons: Kathy Hochul’s, Chris Christie’s, Christie, Hochul’s, Christie’s Organizations: New, New Jersey Transit, Amtrak, Metropolitan Transportation Authority Locations: Manhattan, New Jersey, Hudson, Jersey

☆ Trains Suspended Between New York and Philadelphia After Power Outage
▼ + stars: | 2024-05-22 | by ( Christopher Maag | More About Christopher Maag | ) www.nytimes.com time to read: +1 min

All trains between New York and Philadelphia were suspended on Wednesday evening because of fallen electrical wires that power the trains at Pennsylvania Station, according to Amtrak. The power outage stopped Amtrak and New Jersey Transit trains, an Amtrak spokesman, Jason Abrams, said in an email. The power outage started at 5:05 p.m., Mr. Abrams said, adding that crews were working to restore power. Riders on New Jersey Transit will have their tickets and passes honored on PATH trains, which are running between Manhattan and New Jersey, according to a spokesman for New Jersey Transit. To avoid Penn Station, travelers also may take a ferry to Hoboken, where six New Jersey Transit lines offer service.

Persons: Jason Abrams, Abrams Organizations: Pennsylvania, Amtrak, New Jersey Transit, Penn, Metropolitan Transportation Authority, Riders, PATH, Jersey Transit Locations: New York, Philadelphia, New Jersey, Long, New, Manhattan, Hoboken, Jersey

☆ I'm a high school senior who commutes an hour by train to school every day. It's helped prepare me for the real world.
▼ + stars: | 2024-04-26 | by ( Teddy Almond | ) www.businessinsider.com time to read: +5 min

Four years ago, I started commuting to my high school — which is an hour away — by train. But that ended when I started high school at The Hudson School, which is 25 miles away from my home in Madison, New Jersey. AdvertisementNow that I'm a high school senior, I look back fondly on my four-year commute. AdvertisementI imagined how much easier it would be if I were a regular high school student who took the bus to school. Still, I'm glad I got to commute 25 miles every day before heading off to collegeLooking back at the past four years, I realize commuting has helped prepare me for the real world — outside high school.

Persons: —, COVID, didn't, I'm Organizations: Service, The Hudson School, Hudson School, New Jersey Transit Locations: Madison , New Jersey, New, Europe, Hoboken

☆ Key New York tunnel project wins $3.8 billion in new US support -senators
▼ + stars: | 2023-11-03 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The White House in July had advanced $6.88 billion in funding from the Federal Transit Administration for the project. Schumer, Transportation Secretary Pete Buttigieg and New York Governor Kathy Hochul were among the officials who celebrated the start of construction in New York on the Hudson Tunnel Project. Buttigieg said Friday the Hudson Tunnel project will reduce traveler delays, support 72,000 jobs and generate $19 billion in economic activity. The project was debated in Washington for over a decade since the New York City-area rail tunnel was damaged when Superstorm Sandy flooded parts of the city. The 112-year-old rail tunnel carries 200,000 passenger trips per day on New Jersey Transit and Amtrak along the Northeast Corridor.

Persons: Mike Segar, Biden, Chuck Schumer, Sandy, Pete Buttigieg, Kathy Hochul, Buttigieg, Chris Christie, Donald Trump, Schumer, David Shepardson, Nick Zieminski Organizations: New Jersey Transit, REUTERS, Rights, Amtrak, Federal Transit Administration, Schumer, Transportation, New, Congressional Democrats sparred, Thomson Locations: New Jersey, New York City, Secaucus, Secaucus , New Jersey, Manhattan, New, New York, Washington, Newark , New Jersey

Several cowboy hats tipped upward toward the departures board at Penn Station, their wearers unusually excited to board a crowded, sweaty train to New Jersey. “Beyoncé, Track 14!” shouted a New Jersey Transit employee in a neon yellow vest. Commuters in sequins trampled over a “Caution: Wet Floor” sign in their rush to the escalators. It was 7 p.m. on Saturday, and an Uber from Midtown Manhattan to the Meadowlands cost about $70. Many Beyoncé fans instead took public transportation to MetLife Stadium in East Rutherford, where the singer would soon take the stage for her Renaissance World Tour.

Persons: “, ” Organizations: Penn Station, New Jersey Transit, Midtown, Meadowlands, MetLife Locations: New Jersey, sequins, Midtown Manhattan, East Rutherford

☆ US advances $6.88 billion grant for key New York tunnel project
▼ + stars: | 2023-07-06 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

WASHINGTON, July 6 (Reuters) - The Biden administration advanced a key $6.88 billion grant to help build a long-delayed new railway tunnel between New York City and New Jersey, which would be the largest ever federal transportation grant for a single project. The $17.2 billion Hudson Tunnel Project will repair an existing tunnel and build a new one for passenger railroad Amtrak and state commuter lines between New Jersey and Manhattan. The 112-year-old rail tunnel carries 200,000 passenger trips per day on New Jersey Transit and Amtrak along the Northeast Corridor. In 2010, then-New Jersey Governor Chris Christie pulled state funding for the tunnel project. Amtrak said on Thursday acceptance of the tunnel project into the engineering phase "has been years in the making, and we are thrilled to be even closer to the start of major construction on this critical Gateway Program project."

Persons: Sandy, Chuck Schumer, Cory Booker, Chris Christie, Donald Trump, Schumer, Trump, David Shepardson, Richard Chang Organizations: Biden, Amtrak, Federal Transit, Capital Investment, Gateway Development Commission, Federal Railroad Administration, New Jersey Democratic, New Jersey Transit, Democrats, Thomson Locations: New York City, New Jersey, Manhattan, New York, Washington, New, Jersey, Newark , New Jersey, Boston

☆ Taylor Swift is an unlikely public transit icon
▼ + stars: | 2023-06-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

New York CNN —Taylor Swift, public transit savior? Public transit systems across the United States are getting a much-needed, if temporary, boost from Taylor Swift fans flooding trains, buses and subways to her sold-out Eras Tour. As transit agencies scramble to recover from the pandemic, transit experts say all those Swifies taking mass transit offer lessons for policymakers on how to adapt to the post-pandemic world. Philadelphia’s SEPTA system and New Jersey Transit also got a boost from concertgoers taking mass transit to Swift shows. But public transit agencies still have yet to fully recover from the impact of the pandemic.

Persons: New York CNN — Taylor Swift, Taylor Swift, Taylor Swift’s, Swift, Raymond James, Matthew Dickens, Taylor, ”, Jim Aloisi, Aloisi, Yanfeng Ouyang Organizations: New, New York CNN, Chicago Transit Authority, CTA, Soldier, Metropolitan Atlanta Rapid Transit Authority, Mercedes, Benz, SEPTA, New Jersey Transit, Swift, American Public Transportation Association, Public, MIT, Transportation, University of Illinois Locations: New York, United States, New Jersey, Pittsburgh , Minneapolis, Denver, Seattle, Santa Clara, Los Angeles, Philadelphia, Massachusetts, University of Illinois Urbana, Champaign

☆ New Jersey’s Senators Push Back on Congestion Pricing
▼ + stars: | 2023-05-15 | by ( Ana Ley | ) www.nytimes.com time to read: +2 min

Many transit advocates, community leaders and urban planning experts in New York have celebrated the progress made toward congestion pricing this month, saying it was long overdue. The loudest opposition to the program has come from New Jersey. Mr. Murphy on Monday also unveiled an advertising campaign criticizing the program, complete with billboards near interstate crossings. Other opponents of congestion pricing have included taxi drivers and Lyft and Uber drivers, who worry that fare increases triggered by the tolls could slash demand for taxis and for-hire rides by up to 17 percent. says the program, which would affect drivers entering Manhattan south of 60th Street, could begin as soon as spring 2024.

☆ Labor showdown looming at NJ Transit, one of nation’s largest commuter railroads
▼ + stars: | 2023-02-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

But NJ Transit is adamant they won’t negotiate at all,” said Jim Brown, president of the New Jersey Transit portion of the Brotherhood of Locomotive Engineers and Trainmen. “NJ Transit is currently engaged in active and ongoing mediation. Those rules unique to commuter railroads can mean it can take three times as long for a strike to be allowed. A freight rail strike would have kept about 30% of the nation’s freight from moving and been a crippling blow to the nation’s economy and supply chain. Phil Murphy’s press office declined to respond on the state of negotiations at NJ Transit when asked for a comment by CNN late last year, referring all questions to NJ Transit.

Search resuls for: "Jersey Transit"

10 mentions found