Greyhound Lines, Inc.

Greyhound Lines, Inc.

U.S. corporation that has provided the major intercity bus transportation in the U.S. and Canada. It was founded in 1926 as Motor Transit Management. Backed by the railroads, the company soon had a network of lines spreading across the country. It adopted its current name in 1930. By 1933 Greyhound's routes covered 40,000 mi (65,000 km). In the early 1980s deregulation of the bus-transit industry led Greyhound to drop many local bus lines. In 1987 Greyhound Corp. sold its bus operations, and Greyhound Lines, Inc., became an independent corporation devoted to intercity bus transportation. It was purchased in 1999 by Canada's Laidlaw Inc., a waste-management company.