
<PAGE>   1
 
                                                                    EXHIBIT 23.2
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
     As independent public accountants, we hereby consent to the incorporation
by reference in this registration statement of our report dated February 12,
1997, included in Greyhound Lines, Inc.'s Form 10-K for the year ended December
31, 1996, and to all references to our Firm included in this registration
Statement.
 
                                            /s/ ARTHUR ANDERSEN LLP
                                              Arthur Andersen LLP
 
Dallas, Texas
May 12, 1997
