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The entity has been created to oversee Greyhound and FlixBus. The company also announced personnel updates for the Greyhound brand.
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FlixBus’ local bus partner, Alvand Transportation, is running the electric bus in downtown Los Angeles along one of its busiest bus routes in the U.S. for 11 days.
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Competition on most major routes is again fierce, accentuated by the expansions of FlixBus, carriers catering heavily to Spanish-speaking populations, and a bevy of lines operating from the vicinity of New York Canal Street, home to the city’s Chinatown neighborhood.
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Forecasts for intercity bus travel are markedly better than those generally made for public transit, but somewhat less optimistic than that for Amtrak predicted by McKinsey & Co.
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Even as carriers grapple with the latest COVID-19 variant, which has chilled demand, the fundamentals of the industry’s consumer market still appear strong.
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The European company is swiftly increasing its footprint in the US and endeavors to become a household name.
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The purchase brings together FlixBus’ innovative global technology and shared mobility expertise with Greyhound’s iconic nationwide presence and experience, creating a company that will be better able to service the needs of intercity bus travelers in the U.S.
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On the latest episode of METROspectives, he also touches on Greyhound’s decision to cease Canadian operations, how FlixBus is continuing its growth in the U.S., and more.
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Passengers will be traveling in top-of-the-line luxury coaches from Prevost. Just like the entire FlixBus network, this bus will be operated by a local bus partner — Alvand from Glendale, Calif.
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Cash shortfalls will make the next four or five months a tumultuous time, particularly for scheduled bus lines with asset-intensive business models.
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