Progressive Railroading

Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »


Rail News Home Rail Industry Trends


Rail News: Rail Industry Trends

NJ Transit approves FY08 spending plan, fare increase


Yesterday, the New Jersey Transit board approved a $1.6 billion fiscal-year 2008 operating budget and a fare increase that will help offset a projected $60 million deficit.

To take effect June 1, the new fare plan calls for increasing Newark light rail and River LINE base fares from $1.25 to $1.35, and raising the systems’ monthly fares 9.9 percent. The agency also will increase Hudson-Bergen light rail base fares from $1.75 to $1.90, and raise the line’s monthly fare 9.9 percent. Other rail fares will increase an average of 9.9 percent.

In addition, NJ Transit will begin the morning peak period at 7 a.m. instead of 6:30 a.m. so passengers can use discounted off-peak round-trip tickets an additional half hour.

Contact Progressive Railroading editorial staff.

More News from 4/19/2007