Is this true?

[lvmci]

Greyhound for sale?

[richard5933]

That British company has only owned Greyhound since 2007, so it's not that surprising. Seems like companies get traded around nowadays as often as we used to trade baseball cards.

Hopefully they'll find a new owner that will give them the necessary capital to get things moving in the right direction and not just try to suck out any profit left and then shut things down.

[chessie4905]

 Maybe the US Government should buy it to complement Amtrak.

[luvrbus]

The 1st Group has sold off most of the stations,terminals and real-estate not much left to sell except the buses and the new stuff is leased with a maintaince program ,Americans are not into bus travel like other countries and that is not going to change overnight   

[chessie4905]

Works great in Europe and Japan. Countries are close together. Course taxing, govt subsidies, corporation interests, politics, etc. No use getting into that. I already had my popcorn today and nobodies mind will change from it anyhow.

[luvrbus]

Greyhound cut out a lot of routes and just closed and sold the terminals

[buswarrior]

We've been played by the old colonial masters.

Stagecoach and First Group played a little game over here, sucking the capital out of the motorcoach industry.

Nothing left to bleed, so...

Stagecoach sold off Coach USA, and now there's no reason for First Group to stick around.

Good riddance to them both.

Maybe we could have someone BUILD something, instead of bleed it, for a change?

Happy coaching!
Buswarrior

[CrabbyMilton]

I don't like to see American icons go the way of the square wheel and 8 track but if there is a market for a product or service, it will be filled one way or the other. The masses don't care if a company is owned by the guy next door or some multibillion dollar corporation on the other side of the globe so long as it works and I can't argue with that. No the govt. needs to stay out of this since they can't run AMTRAK without losing money.
There are any number of regional charter bus companies that run scheduled service anyway.