The project to develop a long-overdue new rail tunnel from New Jersey under the Hudson River to New York City took a major step forward on November 11 with the creation of a corporation within the Port Authority of New York and New Jersey to oversee the scheme.
The Gateway Development Corporation (GDC) will coordinate the project and will be controlled by a four-member board with representation from the states of New York, New Jersey, Amtrak and the Federal Department of Transportation. As part of the agreement to found GDC, the federal government and Amtrak have committed to funding half of the estimated $US 20bn project, with the two states funding the other half.
Read more from International Railway Journal.
Related News
- ALERT for L.A.-area members — operator stabbing suspect at large
- Early-bird pricing for TD National Training Seminar ends April 30
- FTA action on bus, transit safety plans praised by SMART-TD
- SMART-TD, FRA announce federal regulation requiring two-person freight crews
- SMART-TD Union Demands Action in Wake of Los Angeles Bus Hijacking
- REEF Act passes in Senate committee
- N.Y. special election — a chance to support Tom Suozzi, who supports our members
- Registration open for Albuquerque RTS
- SMART Transportation Division announces members of Bus and Transit Assault Prevention and Safety committee
- FTA announces random drug and alcohol testing rates for 2024