The company could care less about anything but profit. The company held the Manitoba government to ransom to get more subsidies and even then is cutting out service to smaller communities and cutting down service to others. There is usually no competition so rates are such that if you could drive a car with two people to most destinations you would probably save money. On longer distances it is often cheaper to fly.
http://www.brandonsun.com/breaking-news/Province-extends-its-agreement-with-Greyhound-119003949.html
In September 2009, Greyhound Canada announced it would cease passenger services in Manitoba if it did not get government support. Since January 2010, Manitoba has been investing in maintaining the service while a long-term solution is developed, given the role the service plays in delivering government services and programs, particularly in rural and northern Manitoba.
The province next door Saskatchewan has a provincially owned bus service Saskatchewan Transportation which offers service throughout the province even to smaller towns for which for profit service would not be economical. Of course our supposedly leftist NDP social democratic government would never dream of taking such a radical step. Greyhound has had a bit of an image problem since a passenger was decapitated by a fellow passenger some time ago. Security is now a pain in places.
Cheers, ken
----- Original Message ----- From: Jordan Hayes <jmhayes at j-o-r-d-a-n.com> To: lbo-talk at lbo-talk.org Cc: Sent: Tuesday, August 9, 2011 12:59 AM Subject: Re: [lbo-talk] Stock Markets vs the Real Economy
> Greyhound is still in the bus business ...
They are owned by FirstGroup, plc ... a UK business that's first-and-foremost a school bus operator. Greyhound provides about 10% of their revenue.
/jordan ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk