Published on : Friday, January 10, 2014
City-to-city motorcoach carriers such as Megabus.com, Greyhound Express, Bolt Bus, DC2NY and others are leading a sustained period of growth in the motorcoach industry. While scheduled traditional carriers, including Greyhound and Trailways are showing steady year-to-year growth. When it comes to ticket prices, the average traveler saves more than $36 a ticket when riding discount city-to-city carriers or Greyhound/Peter Pan Express, compared to the next-best, non-bus travel alternative, such as the airlines or Amtrak.
At the American Bus Association’s Marketplace in Nashville, DePaul University of Chicago will release its annual report showing the seventh consecutive year of growth in departures for the point-to-point segment of the motorcoach industry. This comprehensive report takes an in-depth look at where the motorcoach industry is going in terms of scheduled point-to-point service, and ticket prices compared to Amtrak and commercial airlines. The report is embargoed for release until the time of the news conference and it is attached to this media release.
The Director of DePaul’s Chaddick Institute, Professor Joseph P. Schwieterman, along with ABA President and CEO Peter Pantuso and ABA Chairman Tom JeBran will present the report and take questions from reporters on Tuesday, January 14th at 10am, Central Time, 11am, Eastern Time at the ABA’s Marketplace in the Media Booth at the new Music City Center in downtown Nashville.
For out of town reporters wishing to participate, a telephone bridge is available; the number is 1-877-320-2871, the ID number is 4913586256#.
The most recent ABA Census shows that the motorcoach industry provided nearly 700 million passenger trips. During that same time period, the airlines provided 720 million passenger trips.
“We’re pleased once again to work closely with DePaul University of Chicago and Professor Schwieterman on this important report showing the continued solid growth in the motorcoach industry. Especially interesting are the figures concerning ticket prices showing that once again when it comes to value, motorcoach passengers can save a lot of money when traveling, when compared to Amtrak or airline travel,” said ABA President and CEO Peter Pantuso, CTIS. “Motorcoach travel ranks as the second most utilized form of public intercity transportation, just behind airline travel. Now more people in North America are leaving their car keys at home and riding motorcoaches to get to work, take a business trip, travel with friends or go on a vacation.”