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According to court filings, Coach USA had $197.8 million in debt when it filed for bankruptcy, including $146.6 million on the loan that funded the Variant deal and $37.7 million on a pandemic-era ...
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The Megabus fleet has the megabus.com name on the front and sides in yellow against a blue base and the Megabus logo on the left side of the coach (facing forward) and rear of the bus. The DATTCO fleet used for Megabus service also has Megabus logos, but with a DATTCO logo instead of a Coach USA logo for Megabus buses owned and operated by DATTCO.
Paramus-based Coach USA — one of the largest private bus companies in the country — filed to begin Chapter 11 bankruptcy proceedings this week. ... Today, it has 25 business segments, employs ...
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets, and is planning to sell its Megabus subsidiaries to Bus Company Holdings, a unit of the Renco Group. [20] Avalon Transportation acquired Lenzner, Kerrville, All West and ACL Atlanta.
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets, and has planning to sell its Megabus subsidiaries (including Wisconsin Coach Lines) to Bus Company Holdings, a unit of the Renco Group.
Olympia Trails, which used to also do business as Megabus Northeast, LLC, ONE/Independent Bus, and Red and Tan bus, is a bus operator serving northern New Jersey with local and commuter bus service. It has been owned by Coach USA since 1998.
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