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The FHWA provided $425 million in redistributed spending authority. This is the highest amount New Jersey has ever received.
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Once the project begins, it is expected to create more than 72,000 American jobs in the region.
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The additional service will enhance routes connecting central New Jersey to various points in Manhattan, including Wall Street and Port Authority.
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The project is part of the New Jersey High-Speed Rail Improvement program and a $450 million investment by U.S. DOT, and the first of many speed upgrades anticipated in the NEC
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H.K. Truck Center will sell and service Lion’s class 5 to class 8 heavy-duty truck offerings, as well as the LionA, LionC, LionD, and LionM bus models.
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The technology-based transit system would be the first of its kind in New Jersey.
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A letter from FTA to New York and New Jersey officials said the first phase of the project, estimated at $11 billion, seeks a 50% federal investment that is "considerably higher than much existing precedent for past 'mega projects'" and would deplete the existing grant program.
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More commuters are turning to ride-sharing services such as Uber and Lyft to cover that difficult "last mile," the distance between train stations or bus stops and their homes or jobs.
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It remains an open question as to whether the college and/or the county will pick up the entire tab for the college shuttle service when the three-year federal grant expires in November 2016.
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