With the industry amid a transformation, chronic driver shortages and the impending closure of Greyhound Bus stations in major U.S. cities may pose as roadblocks to the sector’s recovery.
A new DePaul University study predicts that premium bus services offering more spacious seating than regular coaches will spread around the country.
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.
A new study on the intercity bus industry includes a stern warning: that a major carrier (or perhaps some combination of smaller carriers), could dramatically downsize service, or even shut down entirely this coming year if demand doesn’t rebound more rapidly than now anticipated.
The uncertainties created by coronavirus crisis, the authors maintain, have made it more important than ever for agencies to explore the potential of partnerships.
Greyhound, Megabus, and FlixBus made notable strategic moves last year, with the latter launching service in 22 states.
These emerging bus services put them in head-to-head competition with major airlines.
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