Beautifully engraved uncancelled stock certificate from the Greyhound Corporation
issued no later than 1968. This historic document was printed by the De La Rue Banknote Company and has an
ornate border around it with a vignette of a greyhound dog logo. This item has the printed signatures of the Company’s President and Secretary.
Greyhound began its operations in 1914 as the Mesaba Transportation Company in Hibbing, Minnesota, when Carl Eric Wickman began transporting miners from Hibbing to Alice, Minnesota.
In 1990, Greyhound Lines' unionized workforce went on strike. The strike continues for three years. As a result of mounting strike losses, Greyhound Lines files for reorganization under Chapter 11 of the Bankruptcy Code. Bus operations continue under bankruptcy protection. In 1991, Greyhound emerged from bankruptcy reorganization
Today the business has grown to serve more than 2,600 destinations with 18,000 daily departures in the 48 contiguous states. Since 1994, GLI has experienced a major growth trend. Greyhound carried more than 19 million passengers in 2000.
The company's busiest route is New York to Atlantic City with well over 2,000 passengers traveling between these locations daily. New York to Washington, D.C. is second with an average of 1,300 passengers on the route each day.
Swedish immigrant Carl Eric Wickman begins transporting miners from Hibbing, MN, to Alice, MN, for 15 cents a ride. This is cited as the original Greyhound bus line.
Wickman joins forces with Ralph Bogan, who was running a transit service from Hibbing to Duluth, and the company is retitled the Mesaba Transportation Company. First year profits are $8,000.
The company expands to 18 buses within Minnesota and earns $40,000 in profits.
Wickman and Bogan join forces with Duluth bus operator Orville Caesar, operator of the Superior-White Bus Lines. Additional Midwestern bus lines are acquired under the name Motor Transit Corporation. The company is relocated to Duluth and E.C Eckstrom serves as the company's first president.
Wickman's former partner, Ralph Bogan, joins his bus lines with the company. Wickman assumes the presidency of the company.
Motor Transit joins forces with two West Coast operations, the Pickwick Lines and the Pioneer Yelloway System, to form the Northland Transportation Corporation a.k.a. "the Greyhound Lines." The running dog is first used as the company's logo.
A Greyhound-affiliated bus makes the first transcontinental bus trip from California to New York--five days, 14 hours.
An investment of $240,000 in Greyhound by the Great Northern Railroad spurs nationwide expansion.
Greyhound acquires Yelloway Lines for $6.4 million.
The first nationwide advertising campaign for the Greyhound Lines is launched, including its first radio ads.
The various Greyhound lines across the nation form The Greyhound Corporation. Corporate offices are moved from Duluth to Chicago.
The Great Depression threatens Greyhound Lines' future. A number of subsidiary lines are sold. General Motors assumes $1 million of Greyhound Lines' debt.
Greyhound is selected as the official transportation carrier at the 1933 World's Fair in Chicago. Taking a gamble on the success of the fair, the company reserves 2,000 hotel rooms and begins a campaign offering transportation and lodging to the fair on one ticket. The promotion earns more than $500,000 in Depression-era profits.
The movie "It Happened One Night," starring Clark Gable and Claudette Colbert, prominently features a Greyhound bus in the story, spurring interest in bus travel nationwide.
Greyhound Lines' profits exceed $8 million--its stock splits four for one.
Congress passes the Motor Carrier Act to place bus transportation under the regulatory authority of the Interstate Commerce Commission (ICC).
The Brotherhood of Railroad Trainmen initiate the first localized labor strike against Greyhound, seeking a 40-percent wage increase. Within a week, the strike is settled with a 7-percent increase.
Greyhound introduces the "Super Coach," a 36-seat bus that is advertised for family travel.
The company exceeds 200 million miles of travel annually, with 4,750 stations and nearly 10,000 employees. Greyhound is chosen the official bus carrier of the 1939 World's Fair in New York.
Citing poor food service at many local bus stops, Greyhound establishes its successful "Post House" chain of company-operated restaurants.
Greyhound acquires 80-percent of Western Canadian Greyhound Lines.
Greyhound becomes a major carrier of troops heading to the East and West coasts. As more than 40% of its workforce is called to military service, Greyhound begins training women to drive buses.
As post-war transportation production returns, Greyhound buys more than 1,500 new GMC "Silversides" buses at a cost of $39 million.
Eric Wickman retires after 32 years of service. Orville Caesar is elected as his successor.
Greyhound revenues top $190 million, tripling its 1939 figures. Overall net income now exceeds $17 million per year.
The ICC approves the acquisition of Southern Greyhound Lines into the Greyhound Corporation, one of the largest independent Greyhound affiliates.
The "Post House" chain expands to 139 restaurants, serving 40 million passengers annually.
Greyhound founder Eric Wickman dies at the age of 67.
Greyhound Lines' most famous bus, the two-level Scenicruiser, is introduced.
Greyhound Lines' board of directors selects Arthur Genet to succeed Orville Caesar. Genet is the first chief executive of the company outside the company's founders.
A Greyhound advertising campaign reminds passengers that "It's such a comfort to travel by bus--and leave the driving to us." This later evolves into the company's signature slogan: "Go Greyhound--and leave the driving to us."
Greyhound introduces its goodwill ambassador, "Lady Greyhound," during its sponsorship of NBC's "Steve Allen Show." The canine appears at numerous civic events nationwide for the next decade.
Frederick Ackerman, president of Western Greyhound Lines, is selected as the company's fifth president, succeeding Arthur Genet.
Greyhound bus revenues exceed $300 million.
A group of civil rights workers known as the "Freedom Riders" ride Greyhound buses into the South to protest state-sponsored segregation on bus service. (Prior to 1961, Southern states mandated that minority customers move to the back of buses while traveling within their state.) Later that year, the Interstate Commerce Commission outlaws all segregation on buses.
Greyhound celebrates its 50th anniversary.
Greyhound acquires Boothe Leasing, an aircraft equipment lessor, in the first of a number of acquisitions outside the bus industry.
Gerald Trautman succeeds Frederick Ackerman as Greyhound CEO.
Greyhound Lines' newest long-distance coach, the "Super 7," is introduced.
In its most significant acquisition in its history, Greyhound acquires the operations of the Armour-Dial Corporation in two stock purchases totalling $300 million. Corporate revenues jump from approximately $650 million before the acquisition to more than $2 billion.
Greyhound relocates its corporate headquarters from Chicago to Phoenix.
Greyhound Lines' extended travel fare, the Ameripass, is launched.
The company begins its first marketing efforts in the Hispanic community.
Greyhound introduces the popular MC-7 bus, better known as the "Americruiser."
Greyhound Lines' package express service exceeds $100 million in sales.
Transportation revenues (bus, charter, and package delivery) reach an all-time high: $1.045 billion.
The Interstate Commerce Commission deregulates the bus industry. Fare cuts and price wars with smaller carriers follow.
Gerald Trautman retires as Greyhound CEO. John Teets, an executive with Greyhound Lines' food service operations, is selected as his successor.
Greyhound endures a seven-week strike over proposed wage cuts to its unionized employees.
After many years of development and government regulation issues, Greyhound inaugurates its 47-seat 102-A3 bus, providing a wider cabin for passenger comfort.
The Greyhound Corporation divests its U.S. bus operations. The new company, Greyhound Lines, establishes its headquarters in Dallas. Fred Currey is the company's new chief executive.
Greyhound Lines purchases Trailways Bus System, establishing Greyhound as the sole nationwide intercity bus transportation company.
Greyhound Lines' unionized workforce goes on strike. The strike continues for three years. As a result of mounting strike losses, Greyhound Lines files for reorganization under Chapter 11 of the Bankruptcy Code. Bus operations continue under bankruptcy protection.
Greyhound emerges from bankruptcy reorganization. The company names Frank Schmeider as its new CEO.
Greyhound drivers end their strike against the company.
The company's shareholders approve Craig Lentzsch as its new CEO.
Greyhound Lines' web site, www.greyhound.com, is launched.
Greyhound enters into extended cooperation agreements with Amtrak on train-to-bus "thruway" service.
Greyhound, through investments in other bus companies, inaugurates cross-boarder, through service between the U.S. and Mexico.
Greyhound Lines' unions ratify a six-year labor agreement, averting a repeat of the labor strife seen in 1983 and 1990.
Greyhound introduces the 55-seat DL-3 bus into its fleet, with the largest capacity of any bus in the company's history.
The company exceeds $800 million in revenues and earns its first year of profits since 1993.
Greyhound Lines' shareholders agree to a merger with Laidlaw, Inc., reuniting the United States and Canadian bus lines that were split apart a decade earlier.