SBF 70 years logo
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

Graphic for School Bus Fleet's "Changing Lanes" July 2026 personnel roundup featuring headshots of six industry professionals: Jamie Smith (AMF Buns), Dan Strock (Pro-Vision), Kyndra Webb (HopSkipDrive Council), Jared Schnader (CALSTART), Alycia Gilde (CALSTART), and Micah Enterz (Kooner Fleet Management Solutions), displayed on an orange geometric background.
Managementby StaffJuly 31, 2026

Changing Lanes: AMF Bruns, Pro-Vision, CALSTART, HopSkipDrive, & Kooner

Check out who's been hired, promoted, and appointed to leadership positions at various school transportation industry suppliers and nonprofits.

Read More →
Promo graphic for the 18th National Congress on School Transportation, featuring a conference audience background and text reading “May 4–6, 2029, St. Louis, Missouri,” alongside the NCST logo.
Managementby Staff and News ReportsJuly 29, 2026

NCST Announces 18th Congress Event Dates, New Committees

The National Congress on School Transportation moves to St. Louis in May 2029, convening delegates and industry representatives to discuss new best practice recommendations. Now, the new committee chairs have been named.

Read More →
Two school buses parked in front of the Wings Over the Rockies Air & Space Museum in Denver.
Managementby Amanda HuggettJuly 28, 2026

Key Moments from the 2026 NSTA Annual Meeting in the Mile High City

From federal policy updates and OEM presentations to speed networking and industry awards, see photos and highlights from the contractor association’s summer conference in Denver.

Read More →
Ad Loading...
A HopSkipDrive caregiver waits by an open car door in front of a house.
Managementby Elora HaynesJuly 27, 2026

HopSkipDrive Launches Spanish-Language App Update, Plans Additional Language Support

The update aims to improve communication with multilingual families by offering ride tracking, notifications, and support in Spanish, with more languages planned for the 2026-2027 school year.

Read More →
A yellow school bus is parked outside a school beneath a large oak tree with blooming white blossoms, framed by white buildings and a bright blue spring sky.
Managementby Amanda HuggettJuly 27, 2026

Where the Yellow Bus Takes Us: School Bus Fleet's 2026 Photo of the Year Winners

See the winning photos from School Bus Fleet's 2026 Photo of the Year contest, featuring stunning school bus images from across the U.S., from scenic landscapes to everyday moments.

Read More →
Graphic for a School Bus Fleet article titled "Understanding Emotional Intelligence," featuring wooden letter blocks spelling "IEQ" and the subtitle, "Tips for transportation leaders to stay calm in any situation."
Managementby Amanda HuggettJuly 26, 2026

Why Emotional Intelligence Matters in Student Transportation

Learn the five key elements that bus drivers and transportation directors can use to stay calm in any situation.

Read More →
Ad Loading...
Zonar Back to School Readiness Report for 2026
SponsoredJuly 23, 2026

2026 Back-To-School Readiness Report

Staffing gaps, flat budgets, and the distance between “mostly prepared” and ready for the 2026-2027 school year.

Read More →
Collage highlighting recipients of the 2026 National School Transportation Association awards at the Annual Meeting and Convention in Denver
Managementby Amanda HuggettJuly 23, 2026

National School Transportation Association Presents 2026 Award Winners

Twenty-one individuals and contractor companies were recognized for excellence in student transportation at NSTA's annual meeting and convention in Denver.

Read More →
A South Carolina Public Schools school bus lineup with text reading "How To Make Routing Data Persuasive."
Managementby Elora HaynesJuly 21, 2026

School Transportation Data Is Only as Powerful as the Story It Tells

Leaders say turning operational metrics into student-centered narratives can help districts justify investments and improve service.

Read More →
Ad Loading...
Collage highlighting NYAPT's 50th anniversary conference, featuring awards presentations, NYAPT President Marc Medina speaking, packed educational sessions, and the event's "Back to the Future" theme celebrating 50 years of pupil transportation leadership.
Managementby StaffJuly 20, 2026

Photos: NYAPT Celebrates 50 Years at 2026 Conference & Trade Show

See highlights from NYAPT's 50th anniversary conference in Saratoga Springs, featuring educational sessions, awards, a trade show, networking, and more.

Read More →