Peter Pan Charts a Route to Continued Growth
Peter Picknelly says the higher prices that consumers are experiencing at the gas pump are a fairly recent phenomenon, with the surge coming over the past few months or so. But in the bus business, such changes to the landscape can, and usually do, have a quick and profound impact. And Easter weekend provided ample evidence of this. “Business was up 18% over the same period a year ago — we were really busy over Easter weekend,” said Picknelly. “When gas prices go up, we see an increase in ridership, and they’ve been going up.