Largest federal transportation grant ever awarded to critical NY-NJ tunnel project | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

The replacement for a crumbling underwater tunnel connecting New York City and New Jersey that carries up to 200,000 people daily just received the largest-ever federal transportation grant, according to Senate majority leader Chuck Schumer

The $6.88 billion grant for the Gateway project includes constructing a new tunnel beneath the Hudson River parallel to the decaying North River tunnel, which is more than a century old and crumbling in the decade-plus since Superstorm Sandy flushed 3 million gallons of corrosive salt water into the tunnel. The connection as it stands today is a narrow, two-track underwater bottleneck, in what Amtrak calls the country’s busiest stretch of mainline train track.

” The existing tunnel is key for local commuters and long-distance train travel alike. “Traffic meltdown,” Amtrak CEO Stephen Gardner told Congress last month when asked what would happen if the current tunnel fails. “There’s huge impacts across the region because there’s insufficient tunnel and bridge capacity… And many, many residents and travelers rely on this connection.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines