November 25, 2013
US Transportation Secretary Anthony Foxx has revealed that a Transportation Infrastructure Finance Innovation Act (TIFIA) loan worth US$474 million will help pay for construction of the replacement for the current Goethals Bridge that connects Elizabeth, New Jersey with Staten Island, New York.
The Port Authority of New York and New Jersey (PANYNJ), which operates the bridge, estimates that more than $33 billion in regional goods passes across the bridge each year. An average of 74,000 vehicles/day cross t