Management & Operations

Peter Pan to acquire five Coach USA affiliates

Posted on December 6, 2002

Peter Pan Bus Lines announced today it has signed a purchase and sales agreement with Coach USA, the first step in Peter Pan's acquisition of Coach's five New England affiliates--Arrow Lines, Bonanza Lines, the Maine Line, Pawtuxet Valley Lines and Coach USA Boston. The sale will include all of the five companies' 255 buses and bring Peter Pan's fleet size to over 400 coaches. The sale is pending approval from the federal Surface Transportation Board and is expected to be completed sometime in February 2003. Peter Pan will also acquire Bonanza's bus terminals in Providence and Farmington, Conn., and it's major garage facility in Providence. Peter Pan will also pick up the current Coach USA leases on garage facilities in Massachusetts, Maine, Rhode Island and Connecticut.

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

More News

Masabi launching mobile ticketing app in Pennsylvania

Westmoreland County Transit Authority passengers can pay for tickets using a credit or debit card, or via digital payment.

Keolis to operate RTC of Washoe County's bus services

The fixed-route bus network serves over seven million annual passengers, including over 20,000-weekday riders.

Amtrak recognized as one of America's best employers

The agency is on the Forbes list for the fifth year in a row and is among 500 employers across 25 industries.

WMATA joins Greater Washington Smart Region Movement

The agnecy and the Board of Trade signed an agreement whereby they will work together to help move critical digital projects forward in the region.

STV names new industrial engineer and project manager

Prior to joining the firm, William Smith produced designs for various urban and regional transit facilities, and freight railroad shops and yards.

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