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Transportation Costs

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New York–New Jersey World Cup shuttle price slashed to $20 as yellow buses roll out
world21 days ago

New York–New Jersey World Cup shuttle price slashed to $20 as yellow buses roll out

The NY/NJ World Cup host committee cut the MetLife shuttle price from $80 to $20 and expanded capacity to 18,000 seats for five games (and 12,000 weekday seats for group-stage matches) by hiring classic yellow school buses, backed by a $6 million New York State investment that includes $60 refunds for fans who already paid $80 and reserving about 20% of seats for state residents; NJ Transit also lowered its fare from $150 to $98 to spare commuters, with buses operating from three Manhattan hubs and a fleet of roughly 300 buses supported by private partners.

via The New York Times|
#metlife-stadium#new-york-new-jersey#public-funding
US Officials Press FIFA to Cover World Cup Transit Costs as Fares Top $100
world1 month ago

US Officials Press FIFA to Cover World Cup Transit Costs as Fares Top $100

US lawmakers and New Jersey officials are pressuring FIFA to cover rising World Cup transit costs after reports that train fares from New York to MetLife Stadium could exceed $100 one way; Gov. Mikie Sherrill, Sen. Chuck Schumer, and Gov. Kathy Hochul argue FIFA’s windfall should subsidize fan transport. FIFA says host cities’ mobility plans exist and that travel for ticket holders will be at cost, noting adjusted host agreements and federal support. With World Cup 2026 hosted across the US, Canada and Mexico, the dispute adds to scrutiny of transportation subsidies amid FIFA’s large revenue.

via Al Jazeera|
#fifa#nj-transit#transportation-costs
Sherrill presses FIFA to cover World Cup transport costs for New Jersey fans
politics1 month ago

Sherrill presses FIFA to cover World Cup transport costs for New Jersey fans

New Jersey Gov. Mikie Sherrill urged FIFA to cover the cost of fan transport to World Cup games at MetLife Stadium, saying $100+ round trips from NYC should not be paid by New Jersey commuters. She noted FIFA’s hosting agreement does not provide transit subsidies and pointed to FIFA’s revenue plans as the host cities shoulder security and transit costs. The move drew criticism from others, including Sen. Schumer and Gov. Hochul, who called for FIFA to step up, while the situation highlights the broader debate over who pays for transportation during the World Cup.

via The New York Times|
#fifa#metlife-stadium#nj-transit
USPS Implements Temporary 8% Increase on Key Shipping Prices
national-news2 months ago

USPS Implements Temporary 8% Increase on Key Shipping Prices

The U.S. Postal Service filed a time-limited, 8% price increase with the Postal Regulatory Commission that will raise base rates for Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select. The change takes effect April 26 and remains in place through January 17, 2027, aimed at better aligning transportation costs with market conditions while preserving the universal service obligation. First-Class stamps are not affected, and the PRC will review the filing before it goes into effect; USPS notes the increase is still lower than many competitors’ fuel surcharges.

via USPS|
#competitive-products#national-news#prc
"November Sees US Wholesale Inflation Plummet to 0.9% Annually"
economy2 years ago

"November Sees US Wholesale Inflation Plummet to 0.9% Annually"

US wholesale inflation, as measured by the Producer Price Index (PPI), dropped to 0.9% annually in November, below pre-pandemic levels and the second-lowest rate this year. Tumbling energy prices contributed to the decline, with energy prices dropping by 1.2% in November. Transportation and warehousing costs also decreased, offsetting a slight increase in food prices. The core PPI, excluding food and energy, remained flat for the month. The Federal Reserve is expected to keep interest rates unchanged, as declining goods demand and a slowing economy are likely to keep inflation in check.

via CNN|
#economy#energy-prices#federal-reserve