Management & Operations

Motorcoach industry rebounds from 9/11 effects

Posted on September 12, 2003

Two years after the events of Sept. 11, the motorcoach industry continues to rebound from the devastating effects and works to implement enhanced security measures in the industry, the American Bus Association (ABA) reported Thursday. Like other industries, the motorcoach industry was significantly affected by the events and the resulting decline in travel and tourism. Peter J. Pantuso, ABA president and CEO, explained that rebounding from the attacks has been difficult at times for the industry. People stopped traveling after Sept. 11, which caused some businesses to lay off employees, some to cancel services and some to close their doors completely. Increased security alerts, for example, further hampered recovery by causing travelers to cancel trips. According to surveys conducted by ABA, motorcoach operators, so many of which are small businesses, reported losses of $500 to more than $650,000 due to heightened security warnings. Travel destinations reported losses as well. During the heightened security warnings, ABA travel members reported losses from $5,000 to more than $2.5 million. Since then, the ABA has been working to help its members weather the challenging time by distributing security materials and helping to secure security grant funding for operators. More than 60 ABA private bus operator members who applied for bus security grants earlier in the year will receive nearly $19 million in federal assistance to help them make security improvements to their operations. Before leaving for August recess, the Senate unanimously approved S. 929, the Over-the-Road Bus Security and Safety Act of 2003, and earlier this year, the House Transportation and Infrastructure Committee approved similar legislation. "Our industry is nothing if not resilient, and we will continue to find ways to help our members regain footing and presence in the industry," Pantuso said.

View comments or post a comment on this story. (0 Comments)

More News

Reed named deputy CEO of The Rapid

She has held positions in the public and private transportation, aviation and hospitality industries for nearly two decades.

National Express Transit to operate Pa. operators' fixed route, paratransit

The company, which has operated the Westmoreland County Transit Authority’s fixed-route system since 2010, furnishes drivers, mechanics, maintenance, and management services for the authority as part of the contract.

Palm Tran focuses on importance of its bus operators

Since the day-to-day tasks of bus operators are hard work, Palm Tran and county officials honored the drivers through “Bus Operator Appreciation Day” in April.

Via launches on-demand service in West Sacramento, Calif.

Provides efficient, cost-effective on-demand transit solutions that are far more flexible and dynamic than traditional fixed-route systems.

Mobile payment supplier Passport hires new VPs

Recruitment efforts are a part of company’s plan to hire at least 50 employees this year since raising $43 million Series C investment.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close