Motorcoach

San Francisco's Leap Transit files for bankruptcy

Posted on September 17, 2015

SAN FRANCISCO — The tech-friendly, luxury transit service Leap reportedly filed for bankruptcy in July, with its assets and liabilities both estimated to be between $100,000 and $500,000, the San Francisco Chronicle reported.

In May, California regulators issued a cease-and-desist order to the company for running without permits. The company immediately said in an announcement it would be “offline” for the week, however, the service never returned. In addition to the bankruptcy filings, Leap’s old buses have also been put up for auction. For the full story, click here.

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

More News

MCI delivers J4500s to Delaware Express

Equipped with Detroit Diesel engines, preferred by Delaware for telematics capabilities used to signal maintenance requirements.

GO Riteway acquires Cardinal Buses

Based in Middlebury, Indiana, Cardinal Buses also has satellite offices in Mishawaka, Indiana and Holland, Michigan.

Champion Coach carries champions to Super Bowl in MCI J4500s

Greenville, S.C.-based operator earned the exclusive right to transport both contenders to the Super Bowl.

DC Trails joins IMG network

The Lorton, Virginia-based operation was founded in 2001.

Dallas limo operator adds 2 MCI J4500s

Prime Limo's new coaches include the J4500’s optional Bendix Fusion system, offering ADAS (Advanced Driver Assistance Systems) with collision mitigation.

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