Jul 31, 2008 -- Bolt Bus, Mega Bus offer bus travel on the cheap
The latest oil trade just reached close to $115/barrel. By the time you read this, it may have topped the $115 mark. We're also paying an all-time record high for gas, adjusted for inflation. That makes this the perfect market for low-cost luxury bus service to expand around the United States. Companies like Mega Bus, Bolt Bus and others run city-to-city throughout the Midwest, the Northeast/New England and on the West Coast. On-board amenities typically include hi-speed Internet, HDTV and comfortable seats. The Wall Street Journal reports that business is up 137% in the Midwest for one company.
So what about the price? A Washington Post reporter went from Washington D.C. to midtown Manhattan for $1.50! Of course, there are only a limited number of seats at those kinds of prices. Other seats can run up to the $20 range. But taking a plane or your car would definitely be more costly. This new breed of bus lines also attracts people out of their cars by avoiding traditional crime-ridden bus terminals. They instead pick up in high-income commercial districts and drop passengers off at other high-income areas at end of the line. The irony is that Bolt Bus is owned by that parent company that owns Greyhound. They were obviously smart enough to ditch the Greyhound reputation and go with new branding and a new fleet of buses!
Unfortunately, Clark won't be able to answer any questions submitted via commenting. If you have a question, please try posting it to our message boards.
There are no comments yet. Be the first to post one!