economic impact analysis of ferry operations in wisconsin

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  • 7/31/2019 Economic Impact Analysis of Ferry Operations in Wisconsin

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    Economic Impact Analysis ofEconomic Impact Analysis ofFerry Operations in WisconsinFerry Operations in Wisconsin

    Raine GardnerRaine Gardner

    University of WisconsinUniversity of Wisconsin

    Madison, WisconsinMadison, Wisconsin

    January 22, 2007January 22, 2007

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    OutlineOutline

    Objective and ScopeObjective and Scope

    Ferry OperationsFerry Operations

    OperatorsOperatorsPerspectivesPerspectives

    Cost Comparison ofCost Comparison ofModal ChoicesModal Choices

    Economic ImpactEconomic Impact

    AnalysisAnalysis ConclusionsConclusions

    Questions/CommentsQuestions/Comments

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    Objective and ScopeObjective and Scope To determine the importance of the publicTo determine the importance of the public

    transport ferry industry in WI and totransport ferry industry in WI and toassess the role of the ferry operations inassess the role of the ferry operations in

    the communities they serve.the communities they serve.

    Focused on the 5 privately owned ferryFocused on the 5 privately owned ferryoperations in Wisconsinoperations in Wisconsin

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    Cassville Car FerryCassville Car Ferry HistoryHistory

    --Started in 1835Started in 1835

    --Served a canneryServed a cannery

    Present ServicePresent Service--Only operationalOnly operational

    ferry north of St.ferry north of St.Louis, MO crossingLouis, MO crossingthe Mississippithe MississippiRiverRiver

    --10 minute ride10 minute ride

    --Operates 12Operates 12hours/dayhours/day

    RidershipRidership Environmental ImpactEnvironmental Impact

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    Lake Express FerryLake Express Ferry HistoryHistory

    First highFirst high--speed catamaran style ferry built in the USspeed catamaran style ferry built in the US

    Formulated in 2000 and opened for operation in June 2004Formulated in 2000 and opened for operation in June 2004 Current ServiceCurrent Service

    RidershipRidership

    100,000+ passengers/year and growing100,000+ passengers/year and growing

    Property is leased from Port of MilwaukeeProperty is leased from Port of Milwaukee

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    Madeline Island FerryMadeline Island Ferry

    HistoryHistory 1870: Minnie V. steam yacht1870: Minnie V. steam yacht

    Early 1920Early 1920s: Two lines competings: Two lines competing

    1970: Merger of two lines to form Madeline Island1970: Merger of two lines to form Madeline IslandFerry Line 4 FerriesFerry Line 4 Ferries

    RidershipRidership 6,000 crossing per year6,000 crossing per year

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    S.S. BadgerS.S. Badger

    HistoryHistory

    Current ServiceCurrent Service

    Makes 492Makes 492crossingscrossings

    Fuel TypeFuel Type

    RidershipRidership

    100,000+100,000+

    passengerspassengers

    PreservationPreservation--HistoricalHistorical

    Site in bothSite in both

    MI & WIMI & WI

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    Washington Island FerryWashington Island Ferry

    Started in 1940Started in 1940 30 minute30 minute

    crossingcrossing 5 Ferries in5 Ferries in

    OperationOperation

    Types of RidersTypes of Riders 200,000+200,000+

    passengers perpassengers peryearyear

    FreightFreight

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    Areas of Concerns from OperatorsAreas of Concerns from Operators

    PerspectivesPerspectives SecuritySecurity

    New requirements sinceNew requirements since

    9/119/11

    Vessel Costs andVessel Costs andAvailabilityAvailability

    --Passenger Service Act ofPassenger Service Act of18861886

    US owned, built, andUS owned, built, and

    crewedcrewed

    Hurricane KatrinaHurricane Katrina

    Limited State Funding OptionsLimited State Funding Options Harbor Assistance ProgramHarbor Assistance Program

    Transportation Economic Assistance ProgramTransportation Economic Assistance Program

    State Infrastructure Bank ProgramState Infrastructure Bank Program

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    Cost Comparison of Modal ChoicesCost Comparison of Modal Choices

    OneOne--Person, Roundtrip Travel Costs, Times, andPerson, Roundtrip Travel Costs, Times, and

    Distances from Green Bay, WI to Grand Rapids, MIDistances from Green Bay, WI to Grand Rapids, MI

    via Ferry/Highway or Highway Onlyvia Ferry/Highway or Highway Only

    Passenger Vehicle via Commercial Vehicle via

    Totals Cost Item SS Badger Lake Express Highway SS Badger Highway

    Distance(mi) Estimated Mileage 274 320 768 274 768

    Passenger Fare 87 112 0 0

    Vehicle Fare 110 149 0540

    (vehicle & driver) 0

    Tolls 0 0 9 0 47

    Vehicle Operating 122 142 342 493 1,382

    TravelCost ($)

    Total 493 554 539 1,384 1,712Highway includescongestion delay 4.5 5.5 12.5 4.5 12.5Ferry includes loadingand unloading 11 7 0 11 0

    TravelTime(hrs)

    Total 15.5 12.5 12.5 15.5 12.5

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    All OriginAll Origin--Destinations ComparisonsDestinations Comparisons

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    IMPLAN to ModelIMPLAN to Model Generalizations used to run modelGeneralizations used to run model

    Assume fareAssume fare--box revenue spending occursbox revenue spending occurswithin respective countywithin respective county

    Assume ferry employees live and consumeAssume ferry employees live and consume

    largely within the ferrylargely within the ferrys countys county

    RidershipRidership was selfwas self--reported by the ferries,reported by the ferries,

    which were multiplied by elements of the farewhich were multiplied by elements of the farestructure. (Speculating passenger type,structure. (Speculating passenger type,

    vehicle type, and trip type.)vehicle type, and trip type.)

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    ConclusionsConclusions

    Ferry operations are significant to localFerry operations are significant to local

    communitiescommunities Each ferry holds historical and culturalEach ferry holds historical and cultural

    value that contributes to the statevalue that contributes to the state

    Some ferries provide essential links ofSome ferries provide essential links oftransportationtransportation

    Some ferries provide alternative choices toSome ferries provide alternative choices tojust taking the highway around Lakejust taking the highway around Lake

    MichiganMichigan

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    AcknowledgmentsAcknowledgments

    AuthorsAuthors Teresa Adams,Teresa Adams,

    Professor @ UWProfessor @ UW--

    MadisonMadison

    BobBob GollnikGollnik, Mark Ray,, Mark Ray,

    JudithJudith RuetscheRuetsche, Dave, Dave

    SokolowskiSokolowski--StudentsStudents

    @ UW@ UW--MadisonMadison

    Dennis Leong &Dennis Leong &LiatLiatLichtmanLichtman-- WI DOTWI DOT

    DavidDavid SchelerScheler--WIWI

    Dept. of TourismDept. of Tourism

    Ferry OperationsFerry Operations DonnaDonna ThibodeauThibodeau &&

    SteveSteveVodaVoda--Cassville CarCassville Car

    FerryFerry Lynda DaughertyLynda Daugherty--SSSS

    BadgerBadger

    KenKen SzallaiSzallai--Lake ExpressLake Express

    RichardRichard PurintonPurinton--

    Washington Island FerryWashington Island Ferry

    LineLine Gary RussellGary Russell--MadelineMadeline

    Island Ferry LineIsland Ferry Line

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    Questions ???Questions ???