June 20, 1987 |
Greyhound Lines Inc., the nation's largest interstate bus company, announced Friday that it will buy the bus routes and other assets of its last remaining nationwide competitor, the financially ailing Trailways Corp. Fred G. Currey, Greyhound's new chief, whose GLI Holdings Inc. of Dallas on March 18 purchased the entire Greyhound bus system from Phoenix-based Greyhound Corp., said that he applied Friday for Interstate Commerce Commission approval of his acquisition of Trailways.
April 2, 1990 |
The driver of a Southeastern Trailways bus taking a Greyhound route was shot and critically wounded, prompting strike-plagued Greyhound on Sunday to rule out contract talks until a week has passed without gunfire. "It's an open-and-shut case of terrorism," said Fred G. Currey, chairman and chief executive officer of Greyhound Lines Inc. "We will not negotiate with people who are involved in terrorism." Representatives of striking drivers denied responsibility.
July 15, 1987
After signing final contracts to buy $80 million in assets from the financially troubled bus line, Greyhound Chief Executive Fred Currey predicted that the acquisition would be profitable immediately. Greyhound hopes to fill its job openings with Trailways employees, but those who cannot be placed will receive severance benefits. Greyhound says no city will lose service, but about 41,600 miles of service, or 5.1%, will be eliminated.
April 4, 1990 |
At least five shots struck a Southeastern Trailways bus as it traveled a route used by strike-plagued Greyhound Bus Lines. No injuries were reported, state police said. A bus on the same route was shot at Saturday, and its driver was wounded. State police said the shooting occurred on Interstate 65 between Upton, Ky., and Sonora, Ky., about 45 miles south of Louisville, Ky., as the bus headed from Nashville to Louisville.
July 30, 1986 |
Smarting over the loss of its charter bus operating certificates in California, Trailways Lines Inc. officials Tuesday threatened to take the state to court over what they called the "unfair, unwarranted (and) discriminatory" actions of the California Highway Patrol and the Public Utilities Commission. The Dallas-based company is exploring "every means . . .
July 7, 1986 |
When Clara Peraldo goes to the dentist in Bluefield, 33 miles from her home in Welch, W.Va., she boards the bus about 9:30 a.m., usually finishes her appointment before noon and then waits until evening for the only bus going back to Welch. It is 7:30 p.m. by the time she arrives home. "That's the way it is," said the retired schoolteacher. Peraldo lives in a small community in an economically underdeveloped state.