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Bankruptcy of 7Bus on Long Island

 
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GojiMet86



Age: 24
Joined: 12 Jul 2013
Posts: 82

PostPosted: Tue Sep 06, 2016 10:19 pm    Post subject: Bankruptcy of 7Bus on Long Island Reply with quote

Saw the topic on BusChat:

http://www.subchat.com/buschat/readflat.asp?Id=317769

Quote:
Posted by Joe on Tue Sep 6 19:14:49 2016

The Newsday website as of evening 9.6.2016 has a disturbing story of a shutdown of some coach services on Long Island, through business failure. Involved are 7Bus, Hampton Luxury Liner, and Classic Coach of Bohemia. Bill Schoolman is pictured as CEO. Fifty-three employees were told to stay home. The fleet is 27 buses. This shut-down is not new news, as earlier this year the firms filed for bankruptcy.
---
This is not Hampton Jitney.




http://www.newsday.com/business/workers-at-hampton-luxury-liner-7bus-told-not-to-go-to-work-1.12274891


Quote:
Three bus companies, including one that carries riders to the Hamptons and another that takes Long Island commuters to Manhattan, have suspended service ahead of a Wednesday bankruptcy hearing.

Employees of Hampton Luxury Liner, 7Bus and Classic Coach were told on Labor Day not to go to work Tuesday, the bus services’ owner confirmed Tuesday.
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S-60 To Smith Haven Mall




Joined: 29 Nov 2007
Posts: 1562
Location: Suffolk County, NY

PostPosted: Wed Sep 07, 2016 5:58 am    Post subject: Reply with quote

Here is the WARN act which was filed back in July, which shows that the companies planed on closing this month anyway.

https://labor.ny.gov/app/warn/details.asp?id=5616

I guess someone thought that they had less cash then they thought, and decided to close the doors early.
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Jimbo



Age: 66
Joined: 13 Apr 2010
Posts: 184
Location: Greenport, NY

PostPosted: Thu Sep 08, 2016 7:30 am    Post subject: Reply with quote

And today from NEWSDAY. http://www.newsday.com/business/hampton-luxury-liner-7bus-classic-coach-to-close-1.12282922
Used buses for sale!
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The TransitMan



Age: 39
Joined: 14 Oct 2010
Posts: 211
Location: Long Island, NY

PostPosted: Thu Sep 08, 2016 9:06 pm    Post subject: Reply with quote

I wonder if there are plans for Hampton Jitney to take over the service? Provide additional options maybe?
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S-60 To Smith Haven Mall




Joined: 29 Nov 2007
Posts: 1562
Location: Suffolk County, NY

PostPosted: Fri Sep 09, 2016 4:45 am    Post subject: Reply with quote

I wonder how many SUNY Stony Brook students used 7Bus from the city an now have to go back to using the LIRR.
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traildriver




Joined: 26 Mar 2011
Posts: 864
Location: Queens, NY

PostPosted: Fri Sep 09, 2016 9:21 pm    Post subject: Reply with quote

Wasn't that the company that briefly operated as "Bolt Bus" on Long Island?

I never understood why Bolt (Greyhound) "franchised" that name.....

It didn't last very long, anyhow....
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S-60 To Smith Haven Mall




Joined: 29 Nov 2007
Posts: 1562
Location: Suffolk County, NY

PostPosted: Sat Sep 10, 2016 7:36 am    Post subject: Reply with quote

traildriver wrote:
Wasn't that the company that briefly operated as "Bolt Bus" on Long Island?

I never understood why Bolt (Greyhound) "franchised" that name.....

It didn't last very long, anyhow....


Yes.

They split with BoltBus because they wanted to offer stuff (like Commuter Passes) and services (Intra-Island Service, expansion to Nassau) the that BoltBus brand didn't/couldn't, so they created 7Bus.

To my knowledge 7Bus never did expand to Nassau.
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GojiMet86



Age: 24
Joined: 12 Jul 2013
Posts: 82

PostPosted: Wed Oct 12, 2016 9:40 pm    Post subject: Reply with quote

A link to the auction:

http://gaauction.com/events/hampton-transportation/

Time
November 1, 2016
Auction starts closing at:
12pm (GMT-4)

Inspection:
October 28 & 31, 2016
9am – 4pm EST (GMT-4)

Location
1600 Locust Ave,
Bohemia, NY 11716
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