1 v THE CHADDICK INSTITUTE DOES NOT RECEIVE FINANCIAL SUPPORT FROM INTERCITY BUS LINES OR SUPPLIERS OF BUS OPERATORS. THIS CHADDICK POLICY STUDY WAS FINANCED FROM GENERAL OPERATING FUNDS. FOR FURTHER INFORMATION, AUTHOR BIOS, AND DISCLAIMERS, PLEASE REFER TO PAGE 24. THE AUTHORS THANK PTSI TRANSPORTATION FOR ITS ASSISTANCE. JOIN THE STUDY TEAM FOR A WEBINAR ON THIS STUDY: FRIDAY, FEBRUARY 15, 2019. NOON – 1 PM CST (10 AM PT). FREE. EMAIL
[email protected] TO REGISTER OR FOR MORE INFO. 2 he intercity bus industry rolled into 2019 political and institutional barriers are preventing T with a bevy of new premium-service partnerships between states and Amtrak from offerings, more dynamic scheduling to meet being expanded. This has made intercity bus fluctuations in demand, and new pickup and service of greater interest to state governments, drop-off locations that bring bus travel closer to which, as noted below, continue to invest in the customer. Several major developments— promotional strategies and services. Flixbus’ launch in the Southwest, Greyhound’s rollout of e-ticketing, and ambitious moves by The rise in oil prices through July, pushing rates smaller carriers—have quickened the pace of to $71/barrel (for West Texas Intermediate competition. Part I of this report explores crude) generated optimism that high gasoline industry trends, while Part II reviews notable prices would stimulate demand nationwide service additions and subtractions in 2018. Part through the year’s end. The reason: high fuel III looks to the future. prices tend to hurt driving and air travel much more than bus travel, which burns far less fuel per passenger-mile.