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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 ...
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.
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.
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.
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Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers. 30,000 workers bid goodbye to 99-year-old Yellow ...