News Tagged With: coach-america
1-10 of 12

January 17, 2013

Greyhound takes over N.C. route

The route connects with the Charlotte Area Transit System and Fayetteville Area System of Transit, as well as other Greyhound intercity bus routes.


September 13, 2012

Transportation Mgmt Svcs. acquires Coach America operations

Took on operations in 15 markets, including Los Angeles, San Francisco, San Diego and Phoenix. The acquired businesses will operate under the Horizon Coach Lines brand name and will be based in Dallas.


June 19, 2012

Coach America bankruptcy impacts Calif. transit

Ventura County Transportation Commission officials say if the shutdown of VISTA cannot be somehow avoided and that they need more time to find another company to provide bus service. They say they are asking Coach America to keep the buses on the streets for at least another month.


May 23, 2012

MV purchases LA DOT contract

Will replace Coach America as LA DOT’s Northern provider of Commuter Express and DASH services in June.


April 17, 2012

Coach America reschedules sale auction date

The one-week delay reflects the timely submission from the Pre-Petition First Lien Agent, pursuant to Section 9.1 of the Prepetition First Lien Credit Agreement, of its intent to submit a Credit Bid under Section 363 of the U.S. Bankruptcy Code.


February 10, 2012

Coach America appoints new CEO

Laura Hendricks most recently served as the company's senior VP for Business Development, overseeing strategic planning, sales and marketing.


January 5, 2012

Coach America granted approval on first day motions

Approved to obtain interim financing authority, to maintain existing cash management systems, and to pay vendors and suppliers in the ordinary course of business.


January 3, 2012

Coach America files for Chapter 11

Decision was made with a focus on reducing its debt and advancing the best interests of the company and its stakeholders. Coach America has obtained a commitment for $30 million in financing, subject to approval by the Bankruptcy Court, which will support the company's fleet investment and help ensure the continuation of normal operations.


February 22, 2011

Coach America, lenders enter amended, restated credit facility

The amended facility resets the applicable leverage ratio test, modifies certain other terms of the facility and provides the company with additional operating flexibility in the future.


March 24, 2010

Coach America adds 11 Van Hools

Anaheim, Calif. division of Coach America took delivery of three TD925 coaches, while eight Van Hool ADA-equipped C2045Es have been added to its Woodland commuter fleet in Houston.


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