Word: greyhounding
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...literary effects failed to back the claim. Fox offers a number of admittedly shaky theories, among them that the manuscript was stolen by a former lover or that Capote stashed it in an undisclosed safe-deposit box or, according to one rumor, in a locker at the Los Angeles Greyhound Bus Depot. It is more likely, the editor adds, that he destroyed the missing chapters. Gerald Clarke, author of the upcoming biography Capote, points out that the writer set very high standards for himself. "He wanted to do for American high society what Proust had done for French society," says...
...move came on the heels of a Justice Department plea to the same body, urging a rebuff of Greyhound Lines's request that it be allowed to begin operating ailing Trailways immediately rather than wait for formal approval of a merger between the firms. Justice argued that allowing Greyhound to run Trailways before the ICC has studied the proposed merger would blur the companies' respective identities and make it difficult to restore competition should the merger be turned down. At week's end the ICC gave Greyhound temporary permission to operate Trailways after Justice changed its mind. The reasoning...
They have two of the most familiar names in transportation, but for many years they have been battling each other in a business that was going rapidly downhill. Last week the archcompetitors of the open road decided that joining forces might be the best way to survive. Greyhound Lines, the nation's biggest bus company, announced that it would buy rival Trailways for $80 million. If the merger is completed, the U.S. will be down to its last national bus line...
Among those travelers who remained loyal to buses, more and more chose small regional lines rather than the two national carriers. In 1986 Greyhound Lines hauled just 30 million passengers, less than half of the 64 million a year that it transported a decade ago. Greyhound earned only about $35 million last year on revenues of $640 million. Forced to tighten its operations, the company since 1983 has eliminated 2,000 towns and cities from its 14,000-stop, 48-state system...
...impetus for the proposed merger came from Fred Currey, a Dallas entrepreneur who bought Greyhound Lines from the Phoenix-based Greyhound Corp. in March. Soon after the purchase, Currey, who had been chief executive of Trailways during the 1970s, began negotiations to acquire his old firm as well. He hopes that the Interstate Commerce Commission will approve the merger on the ground that struggling Trailways might otherwise go out of business. To help gain support for the deal, Currey pledged last week that Greyhound would not abandon some 400 towns, including Albany, Ga., and Fort Polk, La., that...