Megabus' more than 500 cities served will now be available to reserve through Busbud's convenient booking platform for a seamless travel transportation experience.
By gradually overcoming equipment and driver shortages that put a drag on the recovery last year, bus lines have seen traffic rebound nationwide to perhaps 80% to 85% of pre-pandemic levels.
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.
The partnership will connect Philadelphia with 11 cities, Harrisburg with nine cities, New York City with 14 cities, Pittsburgh with 22 cities, and State College with 18 cities.
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.
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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