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.
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.
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.
The European company is swiftly increasing its footprint in the US and endeavors to become a household name.
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.
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.
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.
Cash shortfalls will make the next four or five months a tumultuous time, particularly for scheduled bus lines with asset-intensive business models.
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.
With FlixBus continuing to grow, competition amongst the big three continues to increase, while operations are partnering to solve the first-, last-mile issues by leveraging technology.
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