STATEN ISLAND, N.Y. — Atlantic Express Transportation Corp. has secured a five-year extension of its pupil transportation contract with the New York City Department of Education (DOE).
Atlantic Express has been providing school bus transportation services to the students of New York City since 1972. The five-year contract extension is anticipated to generate approximately $1.4 billion in revenue, the company said.
“With the background of a difficult financial climate, we went through a tough negotiation process with the Department of Education. However, we were able to bridge our differences and reach an agreement that benefits both Atlantic Express and New York City. The extension improves the company’s financial position and stabilizes its revenue stream for years to come. This extension, together with our contracts for paratransit services with the New York City Transit Authority and for Staten Island commuter routes with the New York City Economic Development Corp., firmly establishes Atlantic Express’ commitment to and presence in the New York metropolitan area,” said Domenic F. Gatto, CEO of Atlantic Express.
Atlantic Express is the third largest provider of student transportation in the U.S. The company has contracts with approximately 100 school districts throughout the country. The company also provides paratransit services for physically and mentally challenged passengers, and offers fixed route transit, express commuter line and charter and tour bus services.