New Jersey News Updates

Government

New Jersey Transportation Funding Deal Becomes Law as Fuel Taxes Hiked

New Jersey Gov. Chris Christie concluded his state’s long-running transportation funding crisis on Oct. 14 by signing bills that will raise taxes on diesel fuel by 27 cents per gallon and on gasoline by 23 cents per gallon.

October 14, 2016
Government, Business

New Jersey Transportation Committee Chairman Wants to Borrow $3.2 Billion to End Funding Impasse

In hopes of ending New Jersey’s road construction shutdown that has lasted since July 8, Assemblyman John Wisniewski has proposed that the state borrow $3.2 billion over the next two years to restore the Transportation Trust Fund.

September 27, 2016
Government

Chris Christie Orders Funds to Be Used For Emergency Road Work

With New Jersey’s road construction shutdown having hit the 40-day mark on Aug. 17 and no end to the budget impasse between Republican Gov. Chris Christie and the Democratic-dominated Legislature, Christie issued an executive order that commanded the state treasurer to free funds to cover “essential” road and rail work and those which require a state match of federal dollars.

August 18, 2016
Government

N.J. Road Construction Shutdown Nears Month With No End In Sight

New Jersey’s Democratic-controlled Senate Budget Committee passed a transportation funding measure July 29, but the chamber’s leaders declined to bring the bill to the floor Aug. 1.

August 1, 2016
Government

Transportation Trust Fund Boost Approved by N.J. Legislative Committees

The transportation committees of the New Jersey Assembly and Senate overwhelmingly passed 10-year, $23 billion bills that would bolster the state’s Transportation Trust Fund. The full chambers must vote on the measures before the fund’s borrowing authority expires July 1.

June 24, 2016
Government

New Jersey Transportation Funding Debate Rages

Less than a week after Gov. Christie termed the state’s Transportation Trust Fund “obsolete,” New Jersey legislative leaders are pushing a 10-year, $23 billion infrastructure plan that’s largely funded by a 26 cents-per-gallon tax hike on diesel and 23 cents-per-gallon on gas.

June 16, 2016
Government, Business, Logistics

N.Y.-N.J. Authority Delays Bayonne Bridge Project Two Years

The Port Authority of New York and New Jersey announced a nearly two-year delay in completing a $1.3 billion bridge raising project that would allow the largest containerships to reach the third-largest U.S. port.

October 2, 2015
Government

NY-NJ Port Considering Private Investors for New Bridge

For the first time since its founding nearly a century ago, the Port Authority of New York and New Jersey is seeking private investors to help it replace one of its facilities  — the aged Goethals Bridge that connects the New Jersey Turnpike to Staten Island and other points in New York.

May 18, 2010