Bus Stations Across America Are Closing - WSJ
Last edited Thu Dec 28, 2023, 06:19 PM - Edit history (1)
CHICAGOEach year, about half a million people pass through Chicagos Greyhound bus station, at all hours. There is a climate-controlled waiting area with bathrooms, security guards and a snack bar, and about three dozen arrivals and departures every day. Those passengers could soon be out in the cold. The stations owner, an affiliate of hedge fund Alden Global Capital, has put it on the market. The 87,000-square-foot property in the rapidly developing West Loop could fetch more than $30 million.
The potential closure highlights a plight confronting millions of travelers, many on lower incomes, that attracts far less attention than passenger rail or aviation. Intercity bus stations are closing throughout the country. At least eight cities have lost their stations so far, including Philadelphia, Ohios Columbus and Tampa, Fla. Passengers have had to wait on street corners and parking lots, causing tensions with local officials.
Greyhounds owner, German bus operator Flix, wants cities to help fund new facilities; local officials say that is the companys responsibility. Chicago would be the largest city to lose its terminal. It isnt clear where passengers would wait. Years of declining ridership and company missteps have dragged down the fortunes of Greyhound, a century-old icon of the American road. Its former owner sold its stations to raise cash. Many, in desirable downtown locations, are worth more as something else, such as apartments or entertainment centers. For now, Greyhound is leasing back the stations that remain open.
Intercity bus travel isnt federally regulated and attracts less attention and public funding than passenger rail or air travel. Nonetheless, it plays a vital role for passengers who need cheap transportation or who are traveling to places with no air or train service. A 2016 DePaul University study put the number of bus riders at around 62 million a year, roughly twice that of Amtrak. Greyhound, the countrys largest operator, carried about a third of those.
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Direct link https://www.wsj.com/us-news/bus-stations-across-america-are-closing-cd2c217f (subscription)
Jilly_in_VA
(10,020 posts)does not give a damn about its customers. Not one damn. You know why? Because they are mainly poor people.
jimfields33
(16,044 posts)Ridership is down down down according to the article. Maybe its not needed in places that are not using it.
pstokely
(10,531 posts)Last edited Fri Dec 29, 2023, 09:32 AM - Edit history (1)
other than some bloggers? often, it's no cheaper than flying
lapfog_1
(29,234 posts)especially if Greyhound was required to open a small office in the car rental / ground transportation area for passenger ticketing and services?
IbogaProject
(2,848 posts)Flix is a new entrant pushing out some of the independent ones. Greyhound also owned Trailways and Peter Pan.