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Greyhound Lines, Inc. (Greyhound) operates the largest intercity bus service in North America. Services include Greyhound Mexico , charter bus services, and Amtrak Thruway services. Greyhound operates 1,700 coaches produced mainly by Motor Coach Industries and Prevost serving 230 stations and 1,700 destinations.
FirstGroup acquired Greyhound back in 2007 in a $3.6 billion deal, part of a bigger strategy to take on the U.S. market (it also bought Ryder, the yellow school bus network, around the same time).
Frederick Smith was born in Marks, Mississippi, the son of James Frederick "Fred" Smith, the founder of the Toddle House restaurant chain and the Smith Motor Coach Company (renamed the Dixie Greyhound Lines after The Greyhound Corporation bought a controlling interest in 1931). [3]
Within a year, the duo formed Northland Transportation Company. The company formally changed its name to The Greyhound Corporation in 1930. By 1934, he had expanded to 50 buses and had revenues of $340,000. Wickman retired as president of Greyhound Corporation in 1946. In 1952, he sold his interest in the business for $960,000. [6]
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline.. A company or firm in which the holding company owns a significant portion of voting shares, usually 20–50% or a "minority of share ownership", is known as an associate company.
The bus station on South Lamar Street in downtown Dallas has been operating for more than 40 years, but the company that owns Greyhound does not own the terminal.
In the late 1990s, Chinatown bus lines that connected Manhattan with Boston and Philadelphia's Chinatowns began operating. They became popular with non-Chinese college students and others who wanted inexpensive transportation, and between 1997 and 2007 Greyhound lost 60% of its market share in the Northeastern United States to the Chinatown buses.
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