National City Lines
Bus transportation company that grew rapidly in the interwar period / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about National City Lines?
Summarize this article for a 10 year old
National City Lines, Inc. (NCL) was a public transportation company[dubious – discuss]. The company grew out of the Fitzgerald brothers' bus operations, founded in Minnesota, United States, in 1920 as a modest local transport company operating two buses. Part of the Fitzgerald's operations were reorganized into a holding company in 1936, and later expanded about 1938 with equity funding from General Motors, Firestone Tire, Standard Oil of California and Phillips Petroleum for the express purpose of acquiring local transit systems throughout the United States in what became known as the General Motors streetcar conspiracy.[2] The company formed a subsidiary, Pacific City Lines in 1937 to purchase streetcar systems in the western United States. National City Lines, and Pacific City Lines were indicted in 1947 on charges of conspiring to acquire control of a number of transit companies, and of forming a transportation monopoly for the purpose of "conspiring to monopolize sales of buses and supplies to companies owned by National City Lines." They were acquitted on the first charge and convicted on the second in 1949.
Industry | public transportation |
---|---|
Founded | 1936 |
Defunct | 2007 |
Fate | Acquired by Contran |
Headquarters | Chicago, Illinois, USA[1] |
Products | holding company for streetcar and bus lines |