America's Greyhound bus stations are disappearing
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Re: America's Greyhound bus stations are disappearing
#2It's amazing how something that should be a public utility has been carved up by private equity and sold to a foreign company. Greyhound has completely stopped operating in Canada and the impact has been tremendous.
Re: America's Greyhound bus stations are disappearing
#3> The threat of a closure has reached a stress point in Chicago because Greyhound, the largest intercity carrier in the United States, no longer owns its terminals in the city and dozens of others. Greyhound, owned by German company Flix Mobility (which also owns FlixBus), has sold its terminals to investors for lucrative redevelopment in recent years, including dozens to investment firm Alden Global Capital. Alden is best known for buying up local newspapers like The Chicago Tribune, New York Daily News and The Baltimore Sun, cutting staff, and selling some of their downtown buildings.
There was a point in my life where I rode Greyhound and Megabus to save money. There's already very little dignity to be found in long-distance bus travel, and removing facilities where people can rest during layovers just drives what little remains completely into the dirt. But hey, it may be unraveling the fabric of society, but at least we increased shareholder value.
Re: America's Greyhound bus stations are disappearing
#4It's amazing how something that should be a public utility has been carved up by private equity and sold to a foreign company. Greyhound has completely stopped operating in Canada and the impact has been tremendous.
It's interesting how airports, especially regional airports, are often heavily subsidised in the US. But bus terminals, apparantely, are something that the private sector should provide without government support. Shouldn't it be the other way around?
Re: America's Greyhound bus stations are disappearing
#5> The threat of a closure has reached a stress point in Chicago because Greyhound, the largest intercity carrier in the United States, no longer owns its terminals in the city and dozens of others. Greyhound, owned by German company Flix Mobility (which also owns FlixBus), has sold its terminals to investors for lucrative redevelopment in recent years, including dozens to investment firm Alden Global Capital. Alden i…
We delivered value, but at what cost?
Re: America's Greyhound bus stations are disappearing
#6It's amazing how something that should be a public utility has been carved up by private equity and sold to a foreign company. Greyhound has completely stopped operating in Canada and the impact has been tremendous.
People don't use greyhound because of the other people who use greyhound. Making this a public utility only worsens this problem.
Re: America's Greyhound bus stations are disappearing
#7> The threat of a closure has reached a stress point in Chicago because Greyhound, the largest intercity carrier in the United States, no longer owns its terminals in the city and dozens of others. Greyhound, owned by German company Flix Mobility (which also owns FlixBus), has sold its terminals to investors for lucrative redevelopment in recent years, including dozens to investment firm Alden Global Capital. Alden i…
> and removing facilities where people can rest during layovers just drives what little remains completely into the dirt.
To be clear the bigger problem is that Greyhound will have to cut service in Chicago dramatically - they really need a terminal to support larger operations, they can’t have dozens of buses sitting in the road. There will be a few routes that dump people on the street, but companies like Megabus will probably cut service entirely.
Re: America's Greyhound bus stations are disappearing
#8It's amazing how something that should be a public utility has been carved up by private equity and sold to a foreign company. Greyhound has completely stopped operating in Canada and the impact has been tremendous.
People don't use greyhound because of the other people who use greyhound. Making this a public utility only worsens this problem.
This so much. Anyone who has ever spent time having to be stuck at a Greyhound terminal in the south knows what true hell looks like. They are full of the sketchiest people of every city.
Not great places unless you are into smoking crack with homeless people and getting threatened or stabbed by them.
Re: America's Greyhound bus stations are disappearing
#9It's amazing how something that should be a public utility has been carved up by private equity and sold to a foreign company. Greyhound has completely stopped operating in Canada and the impact has been tremendous.
It's interesting how airports, especially regional airports, are often heavily subsidised in the US. But bus terminals, apparantely, are something that the private sector should provide without government support. Shouldn't it be the other way around?
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Re: America's Greyhound bus stations are disappearing
#10Earlier quoted context omitted.
People don't use greyhound because of the other people who use greyhound. Making this a public utility only worsens this problem.
This so much. Anyone who has ever spent time having to be stuck at a Greyhound terminal in the south knows what true hell looks like. They are full of the sketchiest people of every city. Not great places unless you are into smoking crack with homeless people and getting threatened or stabbed by them.
It’s a choice to enable that situation, not an intrinsic factor. Bus terminals in South America are pretty nice.