The Oakland-SSF ferry is still struggling to find passengers. Farebox recovery is far below the 40% threshold required by the MTC to continue operation:
The service requires a $39 per trip subsidy for each of the ~327 daily riders. That result is not at all surprising when you consider that BART and the toll bridges provide much faster service. Nonetheless, San Mateo TA plans to spend $30 million on this white elephant.
How many miles of copper wire would $30 million buy? How many poles would it buy? For that matter, I bet it would be enough to buy Amtrak’s fleet of HHP-8s when they retire them in a couple years at an age of less than 20 years.
SSF WETA ferry money pit continues to fail
http://www.smdailyjournal.com/articles/lnews/2014-08-06/ferry-frustration-mounts-officials-want-south-city-passenger-numbers-to-grow-higher-fares-could-result-otherwise/1776425127899.html