The closure of Greyhound and other private bus terminals across the United States is creating a growing crisis for the intercity bus system. These closures are primarily due to high operating costs, government underfunding, and a hedge fund buying up Greyhound's real estate for resale. The closures not only impact the cities where they occur but also disrupt bus service in other areas, threatening the national bus network. Intercity bus riders, who are predominantly low-income individuals, minorities, people with disabilities, and unemployed travelers, are disproportionately affected by these closures. The closures are occurring as Greyhound sells its valuable terminals to investors, including hedge fund Alden Global Capital, which is known for buying and cutting staff at local newspapers. The lack of investment in intercity bus travel by government agencies has led to the neglect of this essential public service. Terminal closures create a ripple effect of problems, such as lack of access to amenities, increased traffic congestion, and frustration for local businesses. Switching to curbside service often exacerbates these issues. Overall, the closure of bus terminals is detrimental to the mobility and well-being of low-income and mobility-challenged citizens who rely on intercity buses as their primary mode of transportation.
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