North Carolina collected about $2 million in ferry fares but spent $1.4 million collecting them; a new state law requires tolls on all ferry routes
The ferry system in North Carolina is vital for community connectivity and goods transportation, but it is currently facing significant financial hurdles. Fare collection expenses are considerable, compromising a major share of revenue and sparking sustainability concerns. New legislation has enforced tolls across all ferry routes—including the historically free Hatteras-Ocracoke…
The Economic Times ·