The Port Authority Board of Commissioners today approved the agency’s largest ever $32.2 billion 2017-2026 Capital Plan, which reflects the agency’s continuing return to its core transportation mission and is expected to generate 235,400 job years and $56 billion in overall economic activity for the region. The plan allows for $11.6 billion in major redevelopment projects to advance at the region’s major airports during the next decade, including the $4 billion LaGuardia Terminal B replacement, the largest transportation public-private partnership in the United States.  It also provides for the advancement of work on Terminal A at Newark Liberty International Airport and the redevelopment ofRead More →

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   The Port Authority posted for public comment the agency’s largest ever $32.2 billion draft 2017-2026 Capital Plan. This posting on the agency’s website launches a month-long public review and comment period on the proposed 10-year plan. To view the document, click here. The plan includes $29.5 billion in direct spending on Port Authority projects and a commitment to support debt service on $2.7 billion for the Gateway passenger rail tunnel project and related infrastructure – the largest funding commitment by any stakeholder involved in the project to date. The plan also outlines spending of $1.1 billion over the next 10 years toward capital improvementsRead More →

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Bayonne, NJ – GCT USA and the Port Authority today broke ground for the ExpressRail Port Jersey facility (“Greenville Yard”). The facility will be a major ship-to-rail port project located directly adjacent to the recently expanded, state-of-the-art GCT Bayonne container terminal. This project will complete the agency’s more than $600 million initiative that establishes direct access to on-dock or near-dock rail service for all of its major marine terminals. Designed to complement the terminal’s big ship handling capabilities and quick transaction time, the intermodal yard will have an annual capacity of 250,000 container lifts, or 430,000 TEUs. The intermodal facility – scheduled for completion inRead More →

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The Port of New York & New Jersey today announced completion of the port’s $2.1 billion Main Navigation Channel Deepening Program, in partnership with the U.S. Army Corps of Engineers. The program constitutes a major milestone in the port’s ongoing efforts to retain and augment its position as the premiere port of the North American East Coast. The Port of New York and New Jersey serves as the gateway to one of the most concentrated and affluent consumer markets in the world. The Main Navigation Channel Deepening Program creates a safe and economically efficient pathway for the newest generation of container ships calling the PortRead More →

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The Port Authority of New York and New Jersey announced on Monday April 11, 2016 that it would undertake a comprehensive review of the Port of New York and New Jersey’s more than 3,000 acres of cargo facilities to better evaluate and plan for future growth, improve operations, and enhance revenue plus opportunities for job creation. The agency simultaneously issued a publicly advertised Request for Proposals (RFP 45736) as part of its search for a planning consultant to develop a long-range Maritime Master Plan to guide the port’s future growth and development over the next 25 to 30 years. The Port of NY & NJRead More →

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