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CALIFORNIA | LOCAL
November 29, 2005 | Caitlin Liu and Steve Chawkins, Times Staff Writers
Authorities piecing together the cause of a fatal Greyhound bus crash in Santa Maria, Calif., said Monday that though they believe the 63-year-old driver may have fallen asleep, they do not think he had been illegally overworked. Although Samuel Henry Bishop, the Fresno-based driver, had been on duty for 11 hours before the Sunday morning crash, Greyhound does not appear to have kept him driving for more than the federal limit of 10 consecutive hours, officials said.
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BUSINESS
March 3, 1995 | Times Staff and Wire Reports
Ex-Airline Exec Named Chairman of Greyhound: Thomas Plaskett, 51, former chairman of Pan Am Corp., had served as interim president and chief financial officer for several months after the board of Dallas-based Greyhound Lines Inc. ousted its former president, Frank Schmieder. Under Plaskett's leadership, the bus company weathered investor criticism over Greyhound's disastrous attempt to install a computerized reservation system.
BUSINESS
October 1, 1999 | Reuters
Greyhound Lines Inc., the nation's largest bus firm, agreed to improve service for passengers with disabilities, resolving complaints that its drivers and other employees violated an antidiscrimination law, the Justice Department said. It added that the out-of-court agreement resolved complaints alleging that passengers with disabilities were denied boarding assistance, sustained injuries while being physically carried on and off buses and were verbally harassed.
BUSINESS
September 28, 1994 | From Times Staff and Wire Reports
Greyhound Will Miss Interest Payment: The bus company said it will delay the $4.2-million payment on its bonds in order to develop a financial restructuring plan. News of the postponed payment, due Friday, sent the value of Greyhound bonds plunging. Greyhound Lines Inc., the only nationwide bus carrier, emerged from bankruptcy protection in 1991 but has suffered persistent losses partly because of competition with regional airlines.
NEWS
February 24, 1987
Unionized drivers and other workers of Greyhound Lines Inc. ratified a three-year agreement with the bus line's prospective new owners that calls for wage concessions of nearly 20%, union and company officials said. The agreement also includes incentive-pay plans that could offset part of the wage cut, they said. The contract was approved by a vote of 3,526 to 1,476, a spokesman for the Greyhound Council of the Amalgamated Transit Union said. Phoenix, Ariz.-based Greyhound Corp.
BUSINESS
November 12, 1994 | From Associated Press
An agreement with creditors has allowed Greyhound Lines Inc. to dodge bankruptcy court--at least for now. Greyhound and a subcommittee of its bondholders agreed to a financial reorganization that would give the debt holders about 45% of the company in exchange for forgiving $98.9 million in debt. Bondholders also would be allowed to nominate two of the firm's nine directors.
BUSINESS
October 20, 1998 | From Times Wire Services
Greyhound Lines Inc. agreed to be acquired by Canada's Laidlaw Inc., North America's largest ambulance and passenger bus company, for about $470 million. Laidlaw, which already owns Greyhound Lines of Canada, will pay $6.50 a share for Dallas-based Greyhound, valuing the stock portion at about $470 million. That's a 33% premium to Greyhound's price of $4.88 on Friday. Laidlaw also will assume $180 million in Greyhound debt. News of the deal sent Greyhound shares up 81 cents, or 17%, to close $5.
BUSINESS
August 7, 1998 | JAMES F. PELTZ, TIMES STAFF WRITER
Greyhound Lines Inc. is sometimes called "The Big Dog," but the moniker hasn't always denoted the bus company's logo. It also would have neatly described Greyhound's dismal performance during much of the 1990s. But that's slowly changing. The only nationwide provider of intercity, scheduled bus service, Dallas-based Greyhound is turning the corner, and its rebound is expected to continue into 1999, at least.
NEWS
June 21, 1998 | From Associated Press
A Greyhound bus crashed into a tractor-trailer parked on a mountainous, rain-slicked roadway early Saturday, killing seven people, including the bus driver, who was on his last trip, his wife and an 8-year-old boy they cared for since infancy. At least 18 others were hurt. The bus bound for Pittsburgh from New York City was carrying 23 people when it veered off the road and slammed into the rig about 130 miles east of Pittsburgh about 4:30 a.m. EDT, State Police Lt. Richard J. Kovalik said.
CALIFORNIA | LOCAL
November 21, 1997 | SUSAN DEEMER
The owner of Dad's Liquor won approval this week to continue allowing Greyhound buses to drop off and pick up passengers in front of his store. The Planning Commission agreed 5 to 0 to allow the bus stop at 2421 S. El Camino Real for another three years. Commissioners Joe Oliver and John Tengdin were absent. The bus stop, which accommodates passengers traveling between Los Angeles and San Diego, was established in September 1995, moving from a site in front of Carl's Jr. on El Camino Real.
BUSINESS
October 8, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
Greyhound Lines Inc., pressing hard to capture more Latino travelers, plans to acquire majority ownership of Golden State Inc., a family-owned bus line that mostly operates in the Southwest states. The price was not disclosed. Los Angeles-based Golden State would continue to be run by the Gonzalez family, which started the service with bilingual drivers 15 years ago, Greyhound said. The firm's routes include Los Angeles, Las Vegas, Albuquerque, Denver and Phoenix.
BUSINESS
August 27, 1996 | Times Staff and Wire Reports
Greyhound Cuts Fares: The intercity bus operator said fares will be trimmed by up to 46% on trips longer than 1,000 miles in response to anticipated air fare increases. With airlines preparing to resume collecting a 10% federal ticket tax, the price cuts were designed to "get back some of the price initiatives that the airlines stole from us earlier this summer," said Craig Lentzsch, chief executive of Dallas-based Greyhound Lines Inc.
BUSINESS
April 18, 1995 | From Dow Jones News Service
After competing bitterly for years, Amtrak and Greyhound Lines Inc. are talking about ways to cooperate in their battles with the airlines for the traveler's dollar. Thomas Downs, Amtrak's chairman and president, and Craig Lentzsch, Greyhound's president and chief executive, have begun exploring ways to collaborate, such as consolidating terminals and booking tickets jointly. They plan to meet, for a second time, April 27 in Dallas.
BUSINESS
March 3, 1995 | Times Staff and Wire Reports
Ex-Airline Exec Named Chairman of Greyhound: Thomas Plaskett, 51, former chairman of Pan Am Corp., had served as interim president and chief financial officer for several months after the board of Dallas-based Greyhound Lines Inc. ousted its former president, Frank Schmieder. Under Plaskett's leadership, the bus company weathered investor criticism over Greyhound's disastrous attempt to install a computerized reservation system.
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