News In Brief

Greyhound prepares terms on eve of threatened strike

Greyhound Bus Lines was scheduled to present its 12,700 employees with a final contract offer Monday night, hours before a threatened strike against the nation's largest transportation company.

Under the supervision of a federal mediator, Greyhound officials and Amalgamated Council of Greyhound Local Unions bargainers prepared to meet in an effort to head off a walkout Monday.

Greyhound officials have been seeking pay cuts ranging from 30 percent for drivers to 50 percent for terminal and office employees in order to achieve "parity" with other bus companies.