The FHWA provided $425 million in redistributed spending authority. This is the highest amount New Jersey has ever received.
Once the project begins, it is expected to create more than 72,000 American jobs in the region.
The additional service will enhance routes connecting central New Jersey to various points in Manhattan, including Wall Street and Port Authority.
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
The initiative includes $9 million in grants for the deployment of electric garbage and delivery trucks.
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.
The technology-based transit system would be the first of its kind in New Jersey.
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.
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.
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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