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Olympia Trails
 | |
 | |
| Parent | Coach USA |
|---|---|
| Headquarters | 349 1 Street Elizabeth, NJ 07206 |
| Locale | Northeastern United States |
| Service area | Central Jersey (transit service) |
| Service type | Commuter bus service, contract service, intercity service |
| Routes | 1 |
| Operator | Coach USA:
|
| Chief executive | James Rutherford (except Megabus) Dale Moser (Megabus) |
| Website | Olympia Trails ONE/Independent Bus Newark Airport Express |
Olympia Trails, which used to also do business as Megabus Northeast, LLC, ONE/Independent Bus, and Red and Tan bus, is a bus operator serving northern New Jersey with local and commuter bus service. It has been owned by Coach USA since 1998.[1]
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company sold its assets, and its Megabus subsidiaries (including Olympia) to Bus Company Holdings, a unit of the Renco Group.[2][3][4]
- ^ Bodipo-Memba, Alejandro (June 22, 1998). "Coach USA to Buy 10 Motorcoach Firms, Giving It Largest Fleet in the Industry". Wall Street Journal, Eastern edition. New York, N.Y., United States. pp. –7A. ISSN 0099-9660. ProQuest 398652644.
- ^ "Coach USA files for Chapter 11 bankruptcy in Delaware". Bloomberg Law. June 11, 2024. Retrieved June 11, 2024.
- ^ "Coach USA sale to The Renco Group finalized; will have no impact on commuters". Bus & Motorcoach News. November 5, 2024.
- ^ "Coach USA Completes Transaction with Affiliates of The Renco Group". PR Newswire. November 1, 2024.
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