je.st
news
New Jersey Transit Biggest Loser Under Amtrak Cost-Share Plan
2015-10-09 09:39:53| Railroads - Topix.net
Amtrak is quietly billing railroads in nine East Coast states more than $500 million starting this month, with the brunt born by cash-strapped The Garden State's mass-transportation agency must put $199.2 million toward the national rail service's operating and capital expenses, according to documents obtained by Bloomberg. The hit increases the likelihood of another budget shortfall just a week after New Jersey Transit raised fares 9 percent to generate $56 million.
Tags: plan
jersey
biggest
transit
Category:Transportation and Logistics
Latest from this category |
All news |
||||||||||||||||||
|
|||||||||||||||||||