All Aboard Greyhound will buy Trailways

Greyhound will buy Trailways

They have two of the most familiar names in transportation, but for many years they have been battling each other in a business that was going rapidly downhill. Last week the archcompetitors of the open road decided that joining forces might be the best way to survive. Greyhound Lines, the nation's biggest bus company, announced that it would buy rival Trailways for $80 million. If the merger is completed, the U.S. will be down to its last national bus line.

Bus ridership has declined sharply with the growth of car ownership and the burgeoning popularity of air travel. The toughest blow...