On January 22, 2025, Jefferson Partners, L.P., which operates as Jefferson Lines, applied to acquire the assets of Karst Stage, Inc., another passenger bus company. The Surface Transportation Board is tentatively approving this move, allowing Jefferson to continue its operations under a new company, Karst Stage, LLC, while maintaining separate identities but sharing management tasks. The approval is contingent on no opposing comments being filed by April 28, 2025. Jefferson argues this transaction will improve service and efficiency without harming competition or employee interests.
Simple Explanation
Jefferson Lines wants to buy another bus company called Karst Stage but promises that riders and employees won't notice big changes. The people in charge are okay with it, as long as no one complains before April 28, 2025.