Friday 5th February 1954
Swedish born Carl Eric Wickman, the founder of the Greyhound Lines, Inc. died in Daytona aged 66. In 1914 using the seven multi-seat Hupmobile, he transported miners between the mines and homes. By 1934, he had expanded to 50 buses and had revenues of $340,000. In 1952, he sold out of the business for $960,000. In 1954, Great Northern Railway bought 80% of Northland for $240,000. Leaving that concern largely in Great Northern’s hands, Wickman formed Greyhound Corp., a holding company for other bus lines which he and associates proceeded to buy.
