FlixBus Buys Greyhound

In a move that is sure to shake up America’s fluid, intercity-bus market, one of the newest entries into that market, FlixBus, is buying one of the oldest, Greyhound. Greyhound was previously owned by FirstGroup, one of the two main British companies that emerged from Britain’s bus privatization in the 1990s.

The other British company was Stagecoach, which started Megabus, which revolutionized American intercity bus operations in 2006 by offering curbside bus service (saving the cost of bus stations) and internet ticket sales (saving the cost of ticket agents). FirstGroup responded by buying Greyhound in 2007. Continue reading