Report: BC Ferries reports its best year ever for vehicle traffic


BC Ferries’ year-end results show vehicle traffic was higher than ever last year, resulting in consolidated net earnings of $59.9 million.

The ferry authority says in a news release that fiscal 2018 also had the highest level of passenger traffic in two decades.

READ  Donald Trump defends wife Melania wearing 'don't care' jacket on migrant trip (Details)

Mark Collins, BC Ferries president, says the strong fiscal performance will help the company increase service, invest in new vessels and terminal infrastructure, offer discounts and minimize borrowing.

Foot traffic for BC Ferries is the highest it’s been in decades. (Yvette Brend/CBC)

The release says BC Ferries provided 1,190 more round trips compared with the year before in an effort to keep up with stronger demand.

READ  Report: Hamilton point guard Shai Gilgeous-Alexander a top prospect in NBA draft

In April, the fares of most routes — with the exception of the three Metro Vancouver to Vancouver Island runs — were reduced by 15 per cent, and seniors were again allowed to travel for free from Monday to Thursday.

READ  Report: Living Without Disguises Project transforms coming out stories into community connection

BC Ferries announced last week that it would remove a fuel rebate starting June 27 because of high fuel prices on the world market.

Read more from CBC British Columbia


Leave a Reply

Your email address will not be published. Required fields are marked *