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.
With spring travel season kicking off, customers can now book rides with Greyhound and FlixBus to almost 2,300 destinations across the U.S., Canada, and Mexico from either brands’ websites or apps.
The move took place on Dec. 1, with the first departures leaving their new temporary home on the same day.
Flix North America reported a 30% growth in carried passengers for the high season 2022 vs same period last year, with more than 1.4 million passengers opting for FlixBus during the summer months..
The entity has been created to oversee Greyhound and FlixBus. The company also announced personnel updates for the Greyhound brand.
Valued at over $50 million in revenue annually, the partnership began in 1998.
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.
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