Motorcoach industry looks to Congress to keep buses on the road as pandemic wipes out travel demand

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Normally, the motorcoach industry pulls in more than $15 billion annually; this year it's on track to bring in $4 billion, according to American Bus Association CEO Pete Pantuso.

, D-R.I., have introduced a $10 billion aid package for the bus industry that would include help for school bus companies and passenger boats. A version has also been introduced in the House.

"It's just a disaster," Pantuso said. "Not only do these companies, and these families who have been running them for multi-generations, lose out, but the American public loses out because they lose a major part of the transportation network." New York Trailways used to offer at least 26 buses from Kingston to New York every day. Now it offers five.

The intercity bus company normally operates 130 motorcoaches throughout New York state and into Canada. "Today we're running less than 25% of our service with far less revenue," Berardi said.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

This isn’t socialism?

We need to let the economic adjust to the new normal instead of keeping all these zombie businesses afloat that are no longer needed.

I want tic tok

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Manyone NemBot coronavirus transportation concept - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wtf Is it 'peaceful protestor' proof?
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »