01/08/2025

How Congestion Pricing Will Affect Small Businesses

This controversial new toll will make deliveries more expensive

Are you planning to visit New York City for work in the new year? Does your company rely on deliveries to lower Manhattan? Heads up: Many drivers will now have to pay to enter Manhattan south of 60^th street.

Over the weekend, the largest city in the U.S. launched a new program requiring drivers to pay $9 each time they enter the lower portion of Manhattan between 5 a.m. and 9 p.m. on weekdays and from 9 a.m. to 9 p.m. on weekends. According to the Metropolitan Transportation Authority, the toll “will increase to $12 in 2028 and then $15 in 2031.”

Trucks face even higher tolls when entering the congestion zone: $14.40 at peak times for single-unit trucks ($3.60 otherwise) and $21.60 at peak times for multi-unit ones ($5.40 off-peak).

Please select this link to read the complete article from Inc.