School Bus Fleet
MenuMENU
SearchSEARCH

Pete Settle Named 2002 Contractor of the Year

Pete Settle, president of Petermann LLC in Cincinnati, has tried to walk away from the school bus business three times unsuccessfully. Which is good news for the industry.

by Steve Hirano, Editor
August 1, 2002
5 min to read


Pete Settle, president of Petermann LLC in Cincinnati, has tried to walk away from the school bus business three times, unsuccessfully. Careers in automotive engineering and law have been swept aside for continued involvement with yellow buses. "I am now convinced that I will end my career in this business," says Settle.

Which is good news for the school transportation industry. Over the past three decades, Settle has made key contributions to the industry, including exemplary work for the National School Transportation Association (NSTA), Ohio Bus Association and school districts in the Cincinnati area.

Ad Loading...

"Pete is a wonderful ambassador for private school bus operators to the industry," says Terry Thomas, past president of the NSTA and president of Community Bus Services in Youngstown, Ohio. "He provides a wealth of knowledge and experience from his days with Laidlaw and his experience with a small family-owned operation."

For his contributions on the local, state and national level, Settle was named the 2002 Contractor of the Year by SCHOOL BUS FLEET. Settle received the award on July 23 at the National School Transportation Association's annual convention in Chicago. He is the 35th recipient of the annual award.

Lifelong commitment

Settle was born into the school bus industry. His father, William, was a school bus contractor. William's stepfather, Carroll H. Petermann, started the business in 1921 to help a disabled grandson receive an education. Petermann, a Ford dealer, bought a bus to transport his grandson and several other disabled children to a classroom in the basement of a Cincinnati hospital. Eight years later, Petermann raised money to build the first special-needs school in Ohio, now called the Roselawn-Condon School.

Petermann Transportation, as the company was named, expanded over the decades. Pete's father joined the business full time in the 1950s and eventually started another company, Settle Service. He continued to run the two companies until 1989, when he sold both concerns to his sons — Pete and his three brothers, Mike, Bill and Patrick.

Laidlaw buys company

In 1992, the Settles sold the operation to Laidlaw Transit, and all four brothers began working for the rapidly expanding school bus contractor. Settle said he had planned to work for Laidlaw for only six months but ended up staying for six years. By the time he left in 1998, Settle had worked his way up to the title of vice president of sales and marketing of the school bus division.

Ad Loading...

Settle's decision to leave Laidlaw was based on shifting dynamics within the company but also the brutal travel schedule that separated him from his wife and young children for up to 190 days a year. "For a long time, when I wore a tie to work, my kids used to ask me if I was going to be home for dinner because that meant I was leaving town," he says. "Now I spend less than 10 days on the road. It's a big plus."

After his departure from Laidlaw, Settle did some "soul searching," trying to decide on a new course of action. He thought about going back to his law practice (he earned his law degree from the University of Cincinnati in 1990), but started receiving phone calls from local school districts asking about bus service. "It was the first time I had a school district take me to lunch, pay for it and ask me to do their busing," he says with a laugh.

In early 1999, buoyed by interest from school districts for his transportation expertise, Settle founded Petermann LLC, a throwback in name and spirit to the family-owned school bus operation. He recalls buying a laptop computer to prepare his first presentation to a prospective school district, but making sure to keep the receipt in case the Petermann endeavor failed to get off the ground.

Key contract acquired

Settle didn't have to return the computer. In a short time, he landed an 80-bus contract with the Hamilton County Board of Mental Retardation and Developmental Disabilities in Cincinnati. "We've had a long association with them," Settle says, explaining that Carroll Petermann, who died in 1960, had strong ties to the special-needs community in the Cincinnati area.

Then came a contract with Cincinnati Public Schools, some school district conversions and some successful bids. Over the past three years, Settle has built the company from scratch into a 525-bus operation that transports approximately 40,000 students per day.

Ad Loading...

Settle has had the help of his three brothers, who joined him shortly after the founding of Petermann LLC. Together, they form the core management team. Mike is chief operations officer, Bill is director of operations, and Patrick is director of fleet and facilities.

Unlike many school bus contractors, Settle says one of his challenges is controlling growth. "We're a different proposition than a large company, and the last thing we want to do is to start to look like a large company," he says. "We need to make sure we don't lose sight of why people want to do business with us."

Family support

Settle credits his wife, Krista, for weathering the ups and downs and uncertainties of the bus business, especially the start of a new one, Settle says. "It was a lot harder than I thought it would be," he admits. "I was naive."

The Settles have three children: Caterina, 7; Sophia, 5; and Peter, 4. For a show-and-tell project last year, Caterina had her father bring one of his full-size school buses to school. "It was National School Bus Safety Week, so it was a good chance to have the kids learn about safe riding procedures," Settle says. "Caterina now has the distinction of bringing in the largest show-and-tell [project] in school history."

Subscribe to Our Newsletter

More Management

School Bus Fleet graphic featuring Bill Pepping of CharterUP in a suit and tie, alongside the headline “Five Questions with Bill Pepping” and the CharterUP and School Bus Fleet logos.
Management•by Elora Haynes•October 30, 2026

5 Questions: How CharterUP Brought a Marketplace to Student Transportation

What does it take to bring a transportation marketplace into K-12? Hear firsthand what CharterUP has learned about the unique needs of schools and bus operators.

Read More →
School Bus Fleet graphic featuring the EverDriven logo and a laptop displaying the TripCentral trip tracking dashboard, with the headline “EverDriven Opens TripCentral Management Hub.”
Management•by Elora Haynes•October 29, 2026

EverDriven Expands TripCentral Transportation Management Platform to All Partner Districts

The platform provides school districts with real-time trip tracking, student transportation scheduling tools, and pickup and drop-off management capabilities.

Read More →
School Bus Fleet's 2026 School District Transportation Survey graphic features a smiling school bus driver leaning out of a yellow bus beside its extended stop arm, with the survey title and publication logo.
Management•Cover Story•by Amanda Huggett•October 28, 2026

6 School Transportation Trends to Watch: 2026 District Survey Results

School bus buying is up, fuel choices are shifting, and driver shortages persist. This and more in the latest K-12 public school survey, plus the largest fleets in the U.S.

Read More →
Ad Loading...
Yellow Fairfax County Public Schools buses line up outside an elementary school, with the lead bus displaying its extended stop arm and flashing red lights.
Management•by Amanda Huggett•October 28, 2026

The 100 Largest School Bus Fleets in America: 2026 Rankings

Which public K-12 school districts are the largest in the nation in terms of bus fleet size? Here are the new standings of the top 100 district fleets.

Read More →
Blue graphic featuring the headline “EverDriven’s New Diesel Savings Calculator” and the School Bus Fleet logo over a background of diesel fuel pricing signs, with a calculator icon.
Management•by News/Media Release•October 22, 2026

EverDriven Launches Route Consolidation Calculator to Estimate Diesel Savings

As diesel prices hit record highs, the largest alternative transportation provider says a 10% route consolidation could save a 120-route district more than $78,000 a year in fuel alone.

Read More →
Black graphic with the headline “Zum, Generate Capital Expand Partnership,” the colorful Zum logo, and gold coin illustrations representing financing.
Management•by News/Media Release•October 15, 2026

Zum Secures Continued Financing Support for School Bus Expansion

Generate Private Credit has financed approximately $75 million in school bus deployments across three states, supporting more than 500 buses as Zum expands across the county.

Read More →
Ad Loading...
School Bus Fleet’s The Route video thumbnail featuring host Amanda Huggett and guest Sam Freshner, with the headline “Beyond Discipline: A Different Approach to Student Behavior on the School Bus.” Sponsored by IC Bus.
Sponsored•by Amanda Huggett•October 15, 2026

Beyond Discipline: A Different Approach to Student Behavior on the Bus

After implementing a dean of students program in Oregon, North Clackamas is seeing positive improvements. Here’s how it worked. The Route is brought to you by IC Bus.

Read More →
School Bus Fleet’s The Route podcast thumbnail featuring host Amanda Huggett and guest Sam Freshner, with the headline “A Different Approach to Student Behavior on the School Bus” over a yellow school bus background.
Management•October 14, 2026

A Dean of Transportation's Different Approach to Student Behavior on the School Bus

After implementing a dean of students program in Oregon, North Clackamas is seeing positive improvements on the bus. Here’s how it worked.

Read More →
Collage of NAPT ACTS 2026 highlights, including a speaker at the podium, a ribbon-cutting ceremony, attendees networking, and exhibitors demonstrating technology on the trade show floor.
Management•by Amanda Huggett•October 12, 2026

Inside NAPT ACTS 2026: Highlights from Louisville

From federal updates and student behavior strategies to new school bus technology and industry awards, see highlights from NAPT ACTS 2026 in Louisville.

Read More →
Ad Loading...
School Bus Fleet video thumbnail featuring 2026 School Bus Driver Hero Annette Brown smiling beside a yellow school bus, with the headline “Why School Bus Drivers Are Underrated Heroes” and the School Bus Driver Hero Award logo.
Management•by Staff•October 9, 2026

Meet the 2026 School Bus Driver Hero Winner: Annette Brown

We caught up with Wa-Nee Community Schools' Annette Brown on site at SBFX, where she was named the 2026 School Bus Driver Hero Award winner. Hear about her reaction, what she loves most about being a school bus driver, and more!

Read More →