Casco Bay Island Transit District operates under the slogan "Casco Bay Lines" and is renowned for being Portland's Iconic Ferry servicing the islands of Casco Bay. Founded in 1981, the company has a rich history of over 150 years, offering year-round passenger, freight, postal, and vehicle ferry services from Portland, Maine to the islands of Casco Bay. The company prides itself on providing safe, reliable, and convenient connections to the islands for commuters, visitors, and vacationers alike.
Notably, the company received a $1.90M grant investment on 10 September 2020 from the Federal Transit Administration, indicating support from government entities. This investment is a testament to the company's significance in providing essential transportation services in the region, as well as its potential for further growth and development.
Overall, with its long-standing history, critical role in serving the community, and recent financial backing, Casco Bay Island Transit District stands as a noteworthy player in the transportation industry, especially within the coastal regions of the United States.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $1.90M | 1 | Federal Transit Administration | 10 Sep 2020 |
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