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Greyhound (US bus company) suffering from fuel costs

Discussions about the economic and financial ramifications of PEAK OIL

Unread postby RonMN » Sat 09 Jul 2005, 13:08:20

I asked the fe-mail man how the us postal service was handeling the gas prices without raising the price of a postage stamp...she said she wasn't privey'd to that info.
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Re: Greyhound (US bus company) suffering from fuel costs

Unread postby Ludi » Sat 09 Jul 2005, 13:11:43

$this->bbcode_second_pass_quote('Shannymara', ' ')what they did to compensate so far was shut down over 900 of their least profitable routes.


So much for us being able to use mass transportation to cut down fuel usage....
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Unread postby Andy » Sat 09 Jul 2005, 14:14:29

Don't worry. As long as Greyhound remain in business, they will eventually benefit. A full bus can move people using 1/3 to 1/4 the fuel per passenger as the most efficient full jetliner. They are in problems now because the load factors are not yet high enough to compensate for fuel costs. Same with AMTRAK and other national passenger railroads. Simple lengthening trains and upping the load factor significantly changes the eqaution. They must benefit long term vis-a-vis air transport.
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Unread postby lawnchair » Tue 12 Jul 2005, 23:24:47

$this->bbcode_second_pass_quote('Andy', 'D')on't worry. As long as Greyhound remain in business, they will eventually benefit.


Caveat... this is true unless the federal government keeps bailing airlines out. If fares reflected cost, eventually Amtrak and the dirty dog would win. It will take a while, though, before the cost of flying is more than the opportunity cost of taking the bus (the extra days one can't work because you're on a Greyhound near Cheyenne, Wyoming).
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Unread postby Andy » Sat 23 Jul 2005, 14:07:07

I hear you on that one. I think though that pretty soon, the cost of fuel will outweigh the opportunity cost of not working the extra day. I can see it particularly for shorter hauls like 500 miles or less that can be covered in about 8 hours.
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Unread postby EnergySpin » Sat 23 Jul 2005, 14:15:01

$this->bbcode_second_pass_quote('', 'I') hear you on that one. I think though that pretty soon, the cost of fuel will outweigh the opportunity cost of not working the extra day. I can see it particularly for shorter hauls like 500 miles or less that can be covered in about 8 hours.

If it had not been for the dirty dog ... I would not have gotten my next job. During the weather storms in the winter the airports closed down and would not have made it for the interview.
Plus the cost was at least 1/8th of the airline fare.
Too bad there is NO AMTRAK here ....
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Unread postby Wildwell » Sat 23 Jul 2005, 15:14:44

Very few reported problems so far, except for airlines which are hyper sensitive to fuel price rises. Truckers have complained, but many of the big haulage companies are starting to work with rail freight operators in the US, UK and Europe.

Car drivers have complained in Europe, but mostly the issue is tax.

Most companies are absorbing the extra costs well.

http://www.guardian.co.uk/business/stor ... 11,00.html
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Unread postby smiley » Sat 23 Jul 2005, 21:10:51

Surprisingly the industry which seems to be the hardest hit here is the fishing industry. Apparently the fuel costs have risen to a point where fishing is not profitable anymore.

This seems to be a global problem.

Higher fuel costs hitting New Zealand's fishing industry

Fuel protests bring ferry chaos

Fishers protest (costa rica)

Too bad, I like fish :cry:
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Unread postby I_Like_Plants » Sun 24 Jul 2005, 03:21:00

The 'dirty dog' would do much better if it were .... less dirty. As fuel prices continue to go up, maybe we'll see some bus companies with some class.
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Unread postby OldSprocket » Sun 24 Jul 2005, 20:56:31

$this->bbcode_second_pass_quote('I_Like_Plants', 'T')he 'dirty dog' would do much better if it were .... less dirty. As fuel prices continue to go up, maybe we'll see some bus companies with some class.

On this coast, Continental Trailways are far, FAR nicer than Greyhound (and Vermont Transit, owned by Greyhound).

For my last 1000 mile trek, however, I would have had to deal with 5 separate companies that publish 5 separate schedules. Then I would have had to buy 5 separate tickets. I choose the single-schedule, single-purchase VT/Greyhound.
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