As of Tuesday afternoon negations to avert NJ Transit strike continue. Working without a contract since 2011 the unions have vowed to strike on Sunday March, 13th if a deal with NJ Transit is not met.
A strike would displace over 100,000 commuters says CNBC, and cost NYC an estimated $5.9 million per hour (Partnership for NYC).The glut of extra commuters on the already crowded roads into the city would be catastrophic. Officials say that they can only accommodate forty percent of the road traffic increase and an estimated 10,000 cars are expected to make the commute during peak hours. Clearly, this would have a potentially devastating impact on the trucking industry. Delivery times will skyrocket, accidents will increase, and there will be a push to “keep trucks off the road” during the “crises”. Interestingly though, this strike would create opportunities for the private bus industry. As part of NJ Transits strike contingency plan, rail tickets would be honored on private buses.