Media Kit » Try RailPrime™ Today! »
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 proposes ticket price hike in FY2008


At a board meeting yesterday, New Jersey Transit Executive Director George Warrington outlined the agency’s proposal to raise fares an average of 9.6 percent system-wide. In fiscal-year 2008, NJ Transit projects it will need an additional $45 million to cover inflation and $17 million to fund service changes.

Under the proposal, monthly interstate rail fares would increase an average of 9.9 percent. However, NJ Transit would maintain multi-ride and off-peak discount rates at current levels, and freeze capital funds from being transferred to the operating budget.

The agency will begin holding public hearings on the proposal Feb. 28. The plan will be considered by the board in April.

Contact Progressive Railroading editorial staff.

More News from 2/14/2007