News: Categories
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Business Insider: With No COVID-19 Relief in Sight, the Private Bus Industry Could Collapse
The private bus sector's demise would leave large swaths of the country without any realistic transport options.
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TBJ: Travel Industry Seeks Exit out of Turbulence
The airlines weren’t the only ones in the transportation industry that suffered during the pandemic, the motorcoach industry is under the bus as well.
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WaPo: U.S. Economy Faces Severe Strains after Election with Washington Potentially Paralyzed
As many as 30 percent of bus operators face bankruptcy by Jan. 1, Pantuso said.
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Marketplace: The Pandemic has Left the Private Bus Sector in Crisis
According to the American Bus Association, the trade group for the private motorcoach industry, over 100,000 workers have been furloughed in this sector, and the industry could disappear without a relief bill.
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Freightwaves: Pandemic Creating Existential Crisis for Nation’s Bus Industry
The question now facing the bus business is how many of those small operators who might eventually go under, or who have done so already, will come back.
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Chauffeur Driven: ABA President Pens Moving Message After Stimulus Bill Fails…Again
Noting his frustration about the continued gridlock, ABA President & CEO Peter Pantuso posted a poignant message about the “death of an industry” on the association’s website.
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The Free Lance-Star: GETTING THERE: Is This the End of the Motor Coach Industry?
The bus industry is not dead—companies are finding ways to survive, for now—but it has been severely pummeled by the pandemic. Like many others, the industry has been left to flutter in the breeze while haggling over relief packages continues
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Fox6: CERTS Act Offers $10B for Motorcoach Biz, ‘Feeling the (Pandemic) Pain’
According to the ABA, the industry has lost more than $11 billion since the pandemic hit in March, and without any help, could shutter 40% of small, family-owned transportation businesses by the end of this year.
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