What’s Next for Bus Operator Greyhound Post-Pandemic
CNBC
Shawn Baldwin
September 24, 2021
Intercity bus travel in the U.S. has long been dominated by one iconic brand: Greyhound. With its fleet of 1,200 buses, Greyhound shuttles nearly 16 million passengers annually to 2,400 North American destinations.
Known primarily for catering to budget-conscious, long-distance travelers, the company also offers charter services for businesses, conventions and schools. And its Greyhound Package Express business provides same-day delivery to thousands of destinations.
But a drop in passenger demand due to the Covid-19 pandemic has forced the bus operator to cut back its schedule.
“The pandemic has hit the bus and motorcoach industry really harder, I think, than almost any other segment,” American Bus Association President and CEO Peter Pantuso said.