Manufacturing Canada’s Mach Reportedly in Talks to Help Rescue Electric Bus Maker LionLion recently announced the layoff of 400 people and said it’s suspending manufacturing at its facility in Joliet, Ill. December 2, 2024
Private Equity EQT Reportedly Nears Deal for Stake in $3.2B Greyhound OwnerFlix has been considering an IPO, potentially in the U.S., as a backup plan if a stake sale doesn’t materialize. July 1, 2024
Transportation Commuter Bus Operator Coach USA Goes Bankrupt After Rider DropThe company owes creditors between $100 and $500 million, according to its Chapter 11 petition. June 12, 2024
Transportation Reading Truck Group Buys Auto Safety House from W.W. WilliamsAuto Safety House is a commercial truck service provider and bus dealer. August 26, 2021