#LANJIndustryNews: 🗞️ NYC and the MTA will introduce congestion tolling that will increase drivers' tolls to enter points of Manhattan south of 60th Street in Spring 2024. Carlos Waters of cnbc reports that the zone-based tolling program, the first of its kind in the U.S., can potentially generate 15 billion dollars in yearly revenue; according to Richard Davey, president of New York City's Transit Authority, the organization will use the money to finance: - Four New Metro-North stations for communities in the Bronx 🚆 - Implementation of Clean Bus Technology by 2025 🚌 - Track, Power, & Signal Upgrades Throughout NYC 🚦 While the exact price of the toll has yet to be determined, the price is expected to cost between $9 and $23. By law, passenger vehicles will be charged once a day, while commercial and ride-share services will be charged per trip. For more coverage on #NYCCongestionPricing, follow limoassociation_nj to stay updated! 📲 (ℹ️: cnbc) #limousineassociationofnj #lanj ...