School Bus Contractors

Student Transportation wins new contracts

Posted on May 17, 2011

BARRIE, Ontario — Student Transportation Inc. (STI) has been awarded several new contracts to provide pupil transportation beginning in the upcoming school year.

The long-term agreements cover operations in Southern California, New Jersey, Rhode Island and northern Ontario in Canada. The contract wins in Rhode Island were awarded subsequent to the recent acquisition of Ocean State Transit. The New Jersey, California and Ontario contract wins are "tuck-ins" to existing regional operations.

Officials said the contracts will add about 250 vehicles to the company’s fleet and $13 million of annualized revenues. They added that all of the contracts increase the regional density of existing and new markets the company entered as part of its acquisition and growth strategy.

STI Chief Operating Officer Patrick Vaughan said that with these contract wins and the company’s contract renewals, the company is poised for a solid year in fiscal 2012.

“We have several more bids to consider and many opportunities in the pipeline. Recently, interest in the conversion of school district-owned operations is increasing, and we are pleased to have the opportunity to partner with these districts through their request for proposal process," Vaughan added. "We look forward to serving our new customers and getting involved in the local communities, which contributes to our success."

The company also reported that three recently completed acquisitions in New York, New Jersey and Rhode Island are already fully integrated into the regional structure of the company's operating subsidiary in the U.S.

Related Topics: Student Transportation Inc.

Comments ( 0 )
More Stories
Dunia Burns, who is employed by Chestnut Ridge Transportation in New York, was named a “Mountie Superstar” by the school district she serves for exceptional service to its students and staff. 
News

School Bus Driver Honored for Exceptional Service

Dunia Burns, who is employed by Chestnut Ridge Transportation in New York, is named a “Mountie Superstar” by the school district she serves for exceptional service to its students and staff.  

In a video from Wichita Public Schools, a First Student training manager explains what it takes to become a school bus driver as the local operation looks to bring new recruits on board.
Article

Dealing With Driver Shortage Is Still a Big Deal

There are other commercial driving jobs that pay more than driving a school bus, but they don’t involve transporting students. The opportunity to contribute to children’s education and safety could spark interest in the job.    

Planning has begun for the 17th National Congress on School Transportation (NCST) in 2020. Murrell Martin and Bill Loshbough are shown here leading a discussion at NCST 2015.
News

NCST 2020 Planning Begins

Planning for the 17th National Congress on School Transportation is now in the works, with committee members being re-established and selected through this summer.

Be the First to Know

Get the latest news and most popular articles from SBF delivered straight to your inbox. Stay on top of the school bus industry and don't miss a thing!