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MYRON SHEVELL REAPPOINTED VICE CHAIR OF NJ TRANSIT'S BOARD

July 10, 2006
NJT-06-087
Contact: Penny Bassett Hackett 973 491-7078

NEWARK, NJ - NJ TRANSIT Chairman and Transportation Commissioner Kris Kolluri has reappointed Myron 'Mike' Shevell to serve as vice chairman of the Corporation's Board of Directors.

Shevell, a Long Branch resident, has been a member of the Board since 1995, serving as vice chairman since 1999. During his tenure, Shevell has played an active role in launching a series of innovative NJ TRANSIT projects that include the Hudson-Bergen Light Rail system, the redevelopment of Hoboken Terminal and improvements at Perth Amboy and South Amboy rail stations.

"Mike's experience as a successful business man in the transportation industry has been invaluable to the Board," said Transportation Commissioner and NJ TRANSIT Board Chairman Kris Kolluri. "He knows what it takes to run an efficient operation that serves the needs of its customers."

"Vice Chairman Shevell's first-hand experience with the transportation industry is extremely beneficial to the Corporation and to our customers as we look for ways to operate more efficiently while maintaining a high level of customer service," said NJ TRANSIT Executive Director George D. Warrington.

Shevell has worked in the trucking industry for more than 50 years and is the Chairman and CEO of The Shevell Group of Companies, made up of real estate, warehousing, LTL and TL trucking and logistics companies (Carrier Industries, Eastern Freight Ways, Apex Logistics and NEMF World Transport). The Shevell Group is also the parent company of New England Motor Freight (NEMF) Inc. in Elizabeth. He also serves as chairman of the New Jersey Motor Truck Association and is a regional director of the Bank of New York.

NJ TRANSIT is the nation's largest statewide public transportation system providing more than 827,000 weekday trips on 240 bus routes, three light rail lines and 11 commuter rail lines. It is the third largest transit system in the country with 162 rail stations, 55 light rail stations and more than 18,000 bus stops linking major points in New Jersey, New York and Philadelphia.