Dec. 17, 2020
American Bus Association President Peter Pantuso sat with “Business Insider” magazine recently. ABA represent 1000 bus companies nationwide from small family operated companies to larger well known legacy companies. He states that the Coronavirus Pandemic has decimated the industry: Intercity Bus ridership down 75%; Commuter ridership down 90%; Charters down nearly 100%.
Many companies with a history of 80, 90, 100 years of operation have closed their doors or suspended – perhaps permanently – all operations.
The nation’s private bus industry – represented by approximately 3,000 companies – is the only major transportation sector receiving no relief in the 2020 Coronavirus CARES Act. Yet, this industry is the most important lifeblood to our nation’s circulation. Learn more about our predicament:
Depaul Univ. Research – including Graphs depicting InterCity Bus market 2019 vs 2020; and Bus Ticket Sales 2019 vs 2020: https://myemail.constantcontact.com/Special-Bulletin–Intercity-Bus-Industry-in-Dire-Condition.html?soid=1103274555013&aid=VQzYd5jlneM