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Greyhound Bus Company. Introduction Greyhound Lines, Inc., headquartered in
Dallas, Texas is the only nationwide provider of scheduled ...
... During the 1920s and 1930s, General Motors assumed control of the Yellow
Coach bus company, and helped create Greyhound bus lines. ...
... estate market in 1987 right when Greyhound announced its ... o 1995- wanted to increase
company’s ROE ... o There was a newly deregulated bus transportation market ...
... Environment factors affected Greyhound’s businesses were de ... of the competition in
the bus business and ... performance by converting the company-owned terminals ...
... The price reduction may impact the operating profits of the company by 1 to ... A good
example is the Peter Pan Trailways and Greyhound bus-ride warfare: the former ...
Submitted by alex4 on January 28, 2006
Category: Book Reports
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Introduction
Greyhound Lines, Inc., headquartered in Dallas, Texas is the only nationwide provider of scheduled intercity transportation in the United States. As seen on Greyhound's web site in 2001 they had more then twenty five million passengers aboard their bus lines and consolidated revenue was $1,022.4 million. Greyhound's fleet consists of more then 2,300 buses which arrive and depart from one hundred and twelve company-operated terminals and approximately one thousand seven hundred agency-operated terminals. In 2001, the number of employees nationwide on payroll was twelve thousand and of that amount, approximately thirty six percent are drivers.
Greyhound bus lines operate a vigorous schedule of twenty-four hours a day, seven days a week. All buses are equipped with air conditioning, restrooms, tinted windows and reclining seats and since its inception in 1914, Greyhound has also expanded into other lines of services which include food, package express services and charter services.
In 1998, Greyhound Lines, Inc. showed a profit of 35.2 million dollars which was much to celebrate considering that a profit hasn't been seen since 1993. However, in 1999 there is a net loss of 16.3 million dollars. This Greyhound Lines, Inc. case study will address many key issues that must be examined in order to put Greyhound back on track, and the recommendations that will follow will try to help Greyhound stay on the road to recovery.
Summary of Business & Case
Americans hit the road most often during the traditional Thanksgiving and Christmas holidays and the summer vacation months, so successful travel firms have adapted their operations to take advantage of these seasonal highs and lows.
Greyhound Lines, Inc., experiences large seasonal fluctuations in both passenger volumes and incoming customer service calls. In response to these broad swings in travel volume, Greyhound has shown how a travel...
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