This could be a battle of the goliaths on wheels. Megabus is suing to put BoltBus, its biggest competitor, out of business, or at least break it up into small pieces that would — effectively — make it disappear. There’s millions of dollars of shiny new busses and bus company profits at stake, along with the low fares generated by healthy competition. If you think Megabus and BoltBus are little guys, you would be wrong. Megabus is owned and operated by Coach USA, which also operates NYC tour busses. BultBus is owned jointly by Greyhound and Peter Pan. Both bus companies are showing increasing ridership along the East Coast corridor, especially between New York City and Washington, DC, Boston, Pittsburgh, even Atlanta, as a lower-cost alternative to Amtrak or short-range flights. Both Megabus and BoltBus have fares as low as $1 with advanced booking, and the rest of their fares are similar, as well. Read the full details in Crain’s New York Business. Something I found really interesting — the parent companies of both Greyhound and Coach are based in Scotland — The parent company of Coach USA, which owns Megabus, is Scotland-based Stagecoach Group PLC; and the parent company of Greyhound, which operates BoltBus, is FirstGroup PLC of Aberdeen, and not the one in Maryland.
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