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Old May 18th, 2012, 10:10 PM   #41
IanCleverly
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Quote:
Originally Posted by Investis Press Release
Stagecoach to acquire businesses and assets from Coach America

Stagecoach Group plc is pleased to announce that certain of its subsidiaries
(together, "Stagecoach") have agreed to acquire selected businesses and assets from Coach America, Inc. ("Coach America").

Coach America is a major operator of bus and coach services in the United States and has been operating under Chapter 11 bankruptcy protection since January 2012. The transaction is subject to the approval of the United States Bankruptcy Court of Delaware ("the Court"), which is overseeing the Chapter 11 process. The Court's approval is expected by 22 May 2012.

Stagecoach has agreed to acquire:
1. Certain businesses and related assets and liabilities, for a cash consideration of US$134.2m (approximately £85m)
2. at the option of the Sellers, up to 85 further coaches for a cash consideration of up to US$25.6m (approximately £16m).

Some US$16.0m of the consideration has already been paid as a refundable deposit, with the balance being due on or around the completion of the transaction. The consideration payable will be potentially adjusted based on the working capital balances of the businesses to be acquired.

In addition to the requirement for the Court's approval, the transaction is subject to certain other conditions, including regulatory approvals, and is expected to be completed within three months.

In the year ended 31 December 2011 and applying Stagecoach accounting policies, the businesses to be acquired for US$134.2m generated estimated revenue of US$164.4m, EBITDA of US$24.6m and operating profit of US$13.3m, after taking account of estimated central overheads relating to the businesses. The estimated gross assets of the businesses are US$92m.

The businesses being acquired include contract, line-run, charter and
sightseeing operations. The transaction enables Stagecoach to acquire selected businesses at an attractive price and to acquire vehicles as part of its capital expenditure programme.

The businesses to be acquired include operations in Texas and California, which will provide depot infrastructure to enable Stagecoach to expand its megabus.com budget coach network more efficiently, more quickly and under its full control, whilst avoiding the need to pay a sub-contract profit margin in these locations. In addition, Coach America's Atlanta business is the existing sub-contractor of the megabus.com Atlanta hub and that business is amongst those to be acquired.

The nine businesses being acquired are located in:
- San Antonio and Dallas, Texas
- Sacramento, California
- Anaheim, California
- Atlanta, Georgia
- Cleveland, Ohio
- Gillette, Wyoming
- Elko, Nevada
- Hanover, Maryland
- Portland, Oregon


The transaction will be financed from available, undrawn, committed bank
facilities.

Stagecoach Group Chief Executive, Sir Brian Souter, said: "Our North American
division is the fastest growing part of the Group and this transaction will
allow us to acquire selected businesses and vehicles at attractive prices in
markets and regions we know well. These businesses will benefit from both our
management expertise and ability to invest for growth.

"We see significant potential to roll-out megabus.com's successful package of
low fares and high quality service to new locations in the United States. The
acquisitions in Texas and California in particular will give us an extended
geographic footprint to accelerate our growth strategy for the brand, which
already covers around 80 key locations in North America."

Stagecoach is not currently seeking to acquire any other businesses or assets of Coach America.
Taken from Here, with bold by Me
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Old May 19th, 2012, 12:32 AM   #42
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Almost all of the intercity bus lines in the US are owned by Chinese or Scotch.
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Old May 19th, 2012, 01:27 AM   #43
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Quote:
Originally Posted by Woonsocket54 View Post
Almost all of the intercity bus lines in the US are owned by Chinese or Scotch.
They're owned by a drink?
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Old May 19th, 2012, 10:45 PM   #44
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Bolt Bus has started service in the NW - Portland - Seattle - Vancouver (BC)

started 2 days ago with portland-seattle service - the vancouver-seattle service starts may 31
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Old May 25th, 2012, 08:49 PM   #45
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Here is a map showing all of Megabus's North American routes as of 2012.

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Old May 28th, 2012, 02:47 AM   #46
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If you are going to take this, keep an hour or two available because they tend to be late.

Also, you will likely never pay $1.

Looking at that map, I wonder when they will start a NYC-Montreal service. Now that would be nice.
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Old May 29th, 2012, 02:50 AM   #47
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Quote:
Originally Posted by Xusein View Post
Also, you will likely never pay $1.
True in the UK too. Their main competitor National Express are quite competitive and it can be easy to get a 2-3 hour bus journey for under £10. They are better as they stop in the main bus stations and sometimes have multiple stops in one city. I used to use them London-Southampton and they stopped at my university while Megabus didn't, saving me the time and cost of a bus to the centre.
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Old May 31st, 2012, 04:09 PM   #48
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Hi. Does anyone have an experience with UK Megabus? I'm taking Megabus in August from London to Rosslare(IR) using the ferry from Pembroke. It will take 12 hours, so I'm wondering, whether they have got comfortable seats and whether the driver makes rest stops or not.
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Old May 31st, 2012, 11:39 PM   #49
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Bloomberg
http://www.bloomberg.com/news/2012-0...ety-sweep.html

Quote:
Chinatown Bus Companies Shut Down in Federal Safety Sweep
By Jeff Plungis - May 31, 2012
The U.S. Transportation Department shut down 26 bus companies as imminent safety hazards, closing dozens of routes out of New York’s Chinatown in the government’s largest safety sweep of the motor-coach industry.

The Federal Motor Carrier Safety Administration’s enforcement action primarily targeted three Chinatown operations in New York and Philadelphia: Apex Bus Inc., I-95 Coach Inc. and New Century Travel Inc. The government ordered 10 bus company owners, managers and employees to cease all passenger transportation business, including selling tickets, according to a Transportation Department statement.

“By ignoring safety rules, these operators put passengers and other motorists at risk,” Transportation Secretary Ray LaHood said in a phone news conference today. “This is a notice to every bus company out there. Follow the rules and keep people safe, or we will shut you down.”

The bus crackdown follows a yearlong investigation that began shortly after a series of fatal crashes last year, Federal Motor Carrier Administration chief Anne Ferro said today.

Fatal crashes surged last year as intercity bus travel became the fastest-growing U.S. mode of commercial transportation. In 2011, at least 28 people died in eight fatal crashes, including three in an 11-week period involving carriers operating out of, or carrying passengers between, Chinatown neighborhoods in East Coast cities.

Curbside Operators

Curbside bus operators, which typically sell tickets online and pick up and discharge passengers on the sidewalk, have a fatal crash rate seven times higher than terminal-based operations, the U.S. National Transportation Safety Board reported in October.

The three primary targets in the U.S. crackdown controlled a network of other companies, leading to the 26 separate shutdown orders, the transportation department said. The companies’ networks included one ticket seller, nine active bus companies, 13 companies already ordered out of service that were continuing to operate and three companies applying for permission to operate.

East Coast

The department’s actions cover companies operating in New York, Pennsylvania, North Carolina, Georgia, Maryland and Indiana. Besides New York and Philadelphia, there are affected routes in Washington; Atlanta; Richmond, Virginia; Charlotte, North Carolina; Orlando, Florida and more than 20 other locations, according to a Transportation Department fact sheet.

The carriers involved had multiple safety violations, including drivers without valid commercial licenses and drivers violating federal driving-time limits; failure to test for drugs and alcohol; and vehicles that hadn’t been regularly inspected or repaired.

Transportation Department officials handed out summaries of their shutdown orders to company officials in English and Chinese. Passengers received notices advising them to follow instructions from law enforcement officers and providing directions on how to apply for refunds. The notices were printed in English, Chinese, Korean, Vietnamese and Spanish.

“The U.S. Transportation Department’s Federal Motor Carrier Safety Administration is placing this bus out of service,” the passenger notice says. “We understand this is an inconvenience, but your safety is our top priority.”

Newspaper Pictures

Sophia Xu, who sells tickets at I-95 Coach in New York’s Chinatown at 87 Chrystie Street, said Transportation Department officials came to the shop yesterday and said the company needed to close, without explaining why.

Signs posted on the glass outside and inside at the ticket counter give a phone number to call for online ticket refunds and say people who paid cash can get refunds at the counter.

Chen Chen, a fellow ticket seller, said Chinatown buses are being unfairly targeted.

“This doesn’t happen to Greyhound,” he said, holding a Chinese-language newspaper with pictures from the shop of police he said were rude.

The buses are safe, the two workers said.

A few people wandered to the New Century’s Washington office on H Street to find a handwritten sign taped to the front gate, “Don’t go upstairs -- Close.”

For Link Wolford, 46, the shutdown delays the start of his summer caring for his sister’s three daughters in Philadelphia. He called his mother to see if she could find him another ticket online. Wolford said he doesn’t expect he will ever see the $9 paid online for the ticket.

“This is an example of government agencies shutting down small businesses on a whim,” Wolford said. “We need to start up businesses.”

Yearlong Investigation

If New Century gets back in business, Oliver Oree said he wouldn’t hesitate to use the line again. The 56-year-old retired plumber bought tickets twice a month for trips from Washington to New York, preferring the $20 one-way fare to $70 on Greyhound.

“I don’t know what their problem is with safety,” Oree said. “I take my grandkids on it all the time. I’ve never had any difficulties.”

The FMCSA shut down some curbside bus companies last summer. Follow-up investigations found safety defects with other carriers operating on the Interstate 95 corridor, and agency investigators worked to establish links between bus networks.

Rule Change

An agency rule change that took effect May 29 enabled officials to expand their sweep in an unprecedented way, Ferro said. The FMCSA built a more extensive legal case against each company and is acting on all known affiliates simultaneously.

“We’ve closed each gap where entities may have been able to reincarnate in the past,” Ferro said. “All of this will be followed by continuous enforcement action.”

Retired naval serviceman Derrick Overbey, 50, had been planning to take an I-95 bus from New York to Hampton, Virginia for $35 today. On an earlier trip in March, government inspectors took a coach out of service, causing a 2.5-hour delay, he said.

“There could have been something wrong with that bus,” Oberbey said. “That’s something you think about.”

The American Bus Association, whose members include FirstGroup Plc’s Greyhound Lines Inc. and Stagecoach Group Plc (SGC)’s Megabus, has been calling for a crackdown on unsafe bus operators and strongly supports the Transportation Department’s effort, said Dan Ronan, a spokesman for the Washington-based group.


‘Whac-a-Mole’


“It’s almost been a game of ‘whac-a-mole,’” Ronan said. “The federal and state government go in, try to shut these carriers down. The owners transfer the DOT numbers, repaint the buses, and in a few hours they’re back on the road.”

The NTSB, in a separate investigation of the March 12, 2011 crash that killed 15 people in the Bronx, found the driver had been hired even though his license had been suspended 18 times and he’d been fired from two previous transportation jobs, according to documents released earlier this month. The board is holding a hearing to discuss its investigation of that crash June 5.

“With these actions today, the DOT and its state partners are telling bus operators to put safety first or get put out of business,” NTSB Chairman Deborah Hersman said today. “We’ve seen the tragic results of rogue operators too many time in our investigations.”

In its report last year, the safety board found that curbside operators, which offer fares as low as $1, outnumbered traditional terminal-based companies like FirstGroup Plc (FGP)’s Greyhound Lines Inc., 71 to 51.

The FMCSA, which regulates the trucking and bus industries, doesn’t have enough people to do adequate oversight, the NTSB said in its October report. The 878 FMCSA and state inspectors are responsible for 765,000 motor carriers, a ratio of 1.15 investigators for every 1,000 companies, it said.

“Today is a watershed day for America’s bus passengers,” Ferro said. “Passengers expect and deserve to arrive safely at their destinations, every trip, every time.”

To contact the reporter on this story: Jeff Plungis in Washington at [email protected]

To contact the editor responsible for this story: Bernard Kohn at [email protected]
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Old June 1st, 2012, 01:52 PM   #50
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Quote:
Originally Posted by Stagecoach Group
Stagecoach Group announced today (31 May 2012) that it is expanding the North American network run by its market-leading budget coach operator megabus.com to the major state of Texas.

Services will start running from 19 June out of Houston, San Antonio and Dallas, the state’s three biggest cities with a combined population of around 4.6 million people

Residents will be able to travel to five cities: Austin, Texas; Norman, Oklahoma; Memphis, Tennessee; Little Rock, Arkansas; and New Orleans, Louisiana.

The new Texas routes will initially be operated under contract by Coach America. It also runs the megabus.com hub in Atlanta, Georgia, which serves 11 cities in the states of Alabama, North Carolina, Tennessee and Florida.

Stagecoach announced earlier this month that it had agreed a deal to acquire a number of businesses and assets from Coach America, subject to court and regulatory approval. These businesses include Coach America operations in San Antonio, Dallas and Atlanta. Stagecoach intends to operate the megabus.com services in these locations directly in due course.
Full Press release available Here


Post #48 - I've used Megabus a few times (Cardiff -> London) and the seats are fine for a 6ft 1 man like me. For your journey the buses don't stop at Motorway service stations or whatever, but there *may* be a 10 minute 'rest' at major stops (like Bristol, Cardiff and Swansea) for new passengers to board.

So I'd bring Sandwiches
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Old June 8th, 2012, 07:15 PM   #51
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While expanding to Texas, Megabus is getting kicked out of its current curbside locations in New York and Pittsburgh.

DNAinfo
http://www.dnainfo.com/new-york/2012...hority-by-city

Quote:
Megabus Kicked Out of Port Authority by City

June 8, 2012 9:54am | By Mathew Katz, DNAinfo Reporter/Producer

HELL'S KITCHEN — The Department of Transportation has decided not to renew a controversial permit allowing discount bus company Megabus from operating for free outside the Port Authority Bus Terminal.

The decision comes after intense lobbying from Community Board 4, the Port Authority of New York and New Jersey, and Megabus' competitors who claimed it was unfair to give Megabus a free spot while they had to shell out millions to use the city's bus terminal.

Megabus has operated a stop on West 41st Street between Eighth and Ninth Avenues since the beginning of the year. In May, DOT Commissioner Janette Sadik-Khan said her department would extend the permit, but the DOT now plans to relocate the carrier by July 31.

The move comes after Community Board 4 wrote a strongly-worded letter to the department slamming Megabus' operations at the location as improper and unsafe.

"Sidewalks are not bus terminals. They are scarce and valuable resources and should not be given gratis to certain private companies," the board wrote.

"This location is unfit for such use because of safety concerns that the operator has failed to mitigate as was required by the terms of his permit."

Megabus' competitors hailed the move as a victory, particularly after they spent months in court trying to get the DOT to force Megabus from the Port Authority location. A judge threw that lawsuit out in April.

"We are very pleased the DOT has discontinued the Megabus 41st Street permit," said Carolyn Daly, a spokeswoman for the Coalition of Port Authority Carriers, which represents Greyhound, Adirondack Transit Lines and Peter Pan Bus Lines.

"We strongly believe our elected leaders should now focus on policies and laws that respect the heritage and promote the intercity use of the PA bus terminal as established by Mayor Fiorella LaGuardia back in the 1930s to put the brakes on chaos and congestion throughout midtown Manhattan."

It was not immediately clear where Megabus would relocate to after July.

A bill currently working its way through Albany would require discount bus lines like Megabus and BoltBus to secure permits to use streetside stops.

Lobbyists for bus operators in the Port Authority Bus Terminal are hoping to convince lawmakers to include a provision that would bar such stops in the area around the bus station.

A spokesman for Megabus did not immediately respond to requests for comment.
Pittsburgh Post Gazette
http://www.post-gazette.com/stories/...center-639507/

Quote:

Megabus booted from stop under Pittsburgh convention center


June 8, 2012 12:21 am
Pittsburgh Post-Gazette

The Sports & Exhibition Authority has told Megabus to move its stop from under the David L. Lawrence Convention Center near 10th Street and Penn Avenue by June 15.

Charles Lenzner of Lenzner Coach Lines, who oversees Megabus operations here, said he was told that passengers of the bargain-fare service were using the center's rest rooms and scattering trash, both of which he denied.

"We are not a nuisance," he said. There are eight trash receptacles at the stop and four dispatchers on duty from 4:30 a.m. to 1 a.m. to ensure orderly operations.

The location seemed ideal for Megabus patrons because it is under cover and both the street and sidewalk are wide. Mary Conturo, executive director of the sports authority, which owns the convention center, could not be reached for comment.

Megabus started service here in 2010 and has grown rapidly across the U.S. The Pittsburgh hub serves 11 cities and has 37 daily bus trips.

Mr. Lenzner said he was offered two options for relocating, one near the Gateway T station and another that he would not disclose.


First Published June 8, 2012 12:00 am
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Old June 14th, 2012, 12:19 AM   #52
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Megabus has now been kicked out of Dallas.
They'll be taking Dallas-bound passengers to a suburban bus yard in Grand Prairie, where there is no public transit access.
Epic fail.
http://texasleftist.blogspot.com/201...-in-texas.html
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Old June 14th, 2012, 07:54 PM   #53
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Quote:
Originally Posted by Woonsocket54 View Post
Megabus has now been kicked out of Dallas.
They'll be taking Dallas-bound passengers to a suburban bus yard in Grand Prairie, where there is no public transit access.
Epic fail.
http://texasleftist.blogspot.com/201...-in-texas.html
If they were going to move the stop out of Downtown Dallas, they should have moved it close to a DART rail line with a park and ride (like the Inwood/Love Field station on the Green Line for example).
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Old January 7th, 2013, 08:02 PM   #54
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I booked a hotel in London and 2 hours ago I will book my trainticket (Brussels - London) but the price is doubled.

I was searching for some alternatives and I have found Megabus.com.
But I can't pay, they only accept Visa and Mastercard


Sad travel
Must go or cancel the hotel.
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Old January 9th, 2013, 05:11 PM   #55
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Quote:
Originally Posted by vank View Post
I booked a hotel in London and 2 hours ago I will book my trainticket (Brussels - London) but the price is doubled.

I was searching for some alternatives and I have found Megabus.com.
But I can't pay, they only accept Visa and Mastercard
How can you live in Europe and not have either a visa or mastercard? How did you book the train tickets and the hotel?
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Old January 9th, 2013, 07:22 PM   #56
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Originally Posted by get13 View Post
How can you live in Europe and not have either a visa or mastercard? How did you book the train tickets and the hotel?
I only paid my hotel by Paypal.
Now waiting for my Visa, so I can pay Megabus.
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Old January 9th, 2013, 08:31 PM   #57
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Quote:
Originally Posted by diablo234 View Post
If they were going to move the stop out of Downtown Dallas, they should have moved it close to a DART rail line with a park and ride (like the Inwood/Love Field station on the Green Line for example).
I took Megabus from Austin to Dallas about 3 weeks ago and I was able to choose the stop at downtown Dallas. I took the city bus from work to downtown Austin, walked 1 block to the waiting lot. Had a perfectly smooth comfortable ride to downtown Dallas. Walked 2 blocks to the DART rail station to be picked up by my friend north of Plano at Parker Rd. Station.

Megabus is really awesome. Clean buses, comfortable ride. Wifi didn't work well but I just enjoyed the ride and took a long nap towards the last half of the trip. So as of 3 weeks ago, they do go to downtown Dallas.
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Old January 9th, 2013, 10:27 PM   #58
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Megabus? Let me tell you about my Megabus experience..

Glasgow to London, overnight. Stopped off in Preston, took on some more passengers. These passengers were forced to stand as far as Birmingham, where the drivers swapped, and the new driver noticed the standing passengers, causing us to have to wait for the next bus to pick up the standing passengers. We eventually got to London, after 12 hours (of what should have been 9 hours). Conditions were cramped, hot, and smelling of piss/shit thanks to the wafty toilet.

I arrived at Victoria Coach Station with a swollen leg, and possibly cholera. It was an awful awful journey, and I wish I'd got the train! :P

Cost me £20 too, not so cheap!
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Old January 9th, 2013, 11:55 PM   #59
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Quote:
Originally Posted by Kolothos View Post
Megabus? Let me tell you about my Megabus experience..

Glasgow to London, overnight. Stopped off in Preston, took on some more passengers. These passengers were forced to stand as far as Birmingham, where the drivers swapped, and the new driver noticed the standing passengers, causing us to have to wait for the next bus to pick up the standing passengers. We eventually got to London, after 12 hours (of what should have been 9 hours). Conditions were cramped, hot, and smelling of piss/shit thanks to the wafty toilet.

I arrived at Victoria Coach Station with a swollen leg, and possibly cholera. It was an awful awful journey, and I wish I'd got the train! :P

Cost me £20 too, not so cheap!
Really?

I live in Bruges, take a train to Brussels (Central station) travelling = 1 hour.
I take a bus to London 00:30 it only stops in Lille (France) and cross the canal with a ship. (Arrive 7:30)
I hope that it is a good way to travel...

Still waiting on Visa...
I will take some pictures for the forum.
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Old January 10th, 2013, 11:08 AM   #60
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I'm going to be trying Megabus's rather new international service next month. It runs Loughborough-Leicester-Milton Keynes-London-Boulogne-Paris with another service running instead to Brussels and Amsterdam. Apparently introducing the MK stop has worked for them as they're adding a stop here to the Leeds service now too.
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