Of the 18.1 million people residing within this region, 8 million commuters and travelers flood the roadways, railroads, subways, airplanes and ship infrastructure each day, stressing transportation capacity (PANYNJ, 2014). However, the millions of commuters and travelers are not the only stressors placed on the transportation infrastructure as there are also consumer goods, air freight, shipping freight and commercial trucking exacerbating the already stressed system each day. Over the course of a year, over 1 billion tons of goods are moved and processed into and out of the New York and New Jersey metropolitan area, much of it importing or exporting internationally.
The multi-modal infrastructure to move people and goods exists within a bustling airspace, established rail system and major seaports, but it is inadequate for the current demand and is inefficient, resulting in $2.5 billion in losses each year (PANYNJ, 2014...
... middle of paper ...
...Guardia Airport (PANYNJ, 2014).
While these goals are sound and if completed would undoubtedly improve passenger and cargo movement throughout the region, the PANYNJ’s substantial challenge will be finding a manner to pay for these costly improvements. Most projects accomplished by the PANYNJ are funded through state budgets or local measures to raise money, which rarely generate enough to cover these sweeping changes. The PANYNJ will need to procure serious investments from private sources or secure federal grants in order to finance these planned developments (PANYNJ, 2014). Additionally, the urban areas that constitute New York and Newark severely limit physical expansion options to the airports and freight processing facilities, which is really what the transportation infrastructure needs in order to meet the growing demand on multi-modal transportation.
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