
OCEAN CITY, Md. – Ocean City’s taxi fares are set for an increase after a 10-year hiatus, following approval by the city council during Monday night’s meeting. The rate hikes will affect the initial fare, price per mile, wait time charges, and… The post Ocean City Approves Taxi Fare Increase After 10 Years of No Change appeared first on TV Delmarva .
OCEAN CITY, Md. – Ocean City’s taxi fares are set for an increase after a 10-year hiatus, following approval by the city council during Monday night’s meeting. The rate hikes will affect the initial fare, price per mile, wait time charges, and fees for additional passengers, all of which will rise by 30%. The decision to approve the fare increase comes after years of unchanged rates, with the last adjustment made in 2014. City Manager Terry McGean explained that the increase was necessary, as taxi companies had been struggling without a price adjustment for a decade. Under the new rates, the maximum initial fare will rise from $3.20 to $4.16, while the price per mile will increase from $2.20 to $2.86. Additionally, the wait time charge will jump from $0.33 to $0.43 per minute, and a $1.30 fee will be added for each passenger beyond two. While the fare increase is a response to rising operational costs, the local taxi industry has faced competition from rideshare services like Uber and Lyft, which have decreased demand for traditional taxis.

The post Ocean City Approves Taxi Fare Increase After 10 Years of No Change appeared first on TV Delmarva .