SBF 70 years logo
MenuMENU
SearchSEARCH

Petermann deal ups National Express fleet to 20K buses

With the merger now complete, the Cincinnati-based school bus contractor will join National Express' Durham School Services brand. Petermann CEO Pete Settle calls National Express "the perfect home for Petermann."

Thomas McMahon
Thomas McMahonExecutive Editor
May 7, 2012
Petermann deal ups National Express fleet to 20K buses

Cincinnati-based Petermann will join National Express' U.S. school bus contracting brand, Durham School Services.

unknown node
2 min to read


WARRENVILLE, Ill. — National Express Group has completed its acquisition of Petermann, company officials announced on Monday.

Cincinnati-based Petermann will join National Express' U.S. school bus contracting brand, Durham School Services.

Ad Loading...

National Express announced in September that it had signed an agreement to acquire Petermann. Both companies are among the 10 largest school bus contractors in the U.S. and Canada.

The U.S. Department of Justice announced on April 30 that National Express and Petermann would divest several school bus contracts to resolve antitrust concerns and proceed with their merger.

The deal reportedly closed the next day.

Company officials said that the acquisition strengthens National Express' position in the student transportation market, increasing its fleet size to more than 20,000 school buses across North America. (National Express also operates Stock Transportation in Canada.)

"We are thrilled to add this solid brand to our U.S. operations, and are excited to welcome Petermann customers and employees to our family," said David Duke, CEO of National Express Corp. "Our customers and employees will continue to see operational excellence with an intense commitment to safety and outstanding service."

Ad Loading...

The combined company now serves more than 400 school districts in 32 states and four provinces, official said.

Petermann CEO Pete Settle called National Express "the perfect home for Petermann. Petermann employees share Durham's focus on their values of safety, people, customer and community; we are proud to be part of the National Express family."

Settle founded Petermann LLC in early 1999, and the business soon began growing rapidly. In 2002, SCHOOL BUS FLEETnamed Settle its Contractor of the Year.

More Management

Thumbnail graphic for a School Bus Fleet video compilation. A yellow electric school bus serves as the background, with speech bubbles containing words such as “Dynamic,” “Green,” “Critical,” “Complex,” “Family,” and “Underfunded.” A red banner reads, “12 Suppliers. 1 Question. Many Answers.” The video explores how industry suppliers describe the current state of the school bus market.
Managementby Amanda HuggettJune 5, 2026

13 Industry Leaders Describe School Transportation in One Word

What word best describes the school bus industry today? We posed that question to over a dozen manufacturers, resulting in a revealing mix of perspectives on the challenges and opportunities ahead.

Read More →
Leadership update graphic announcing executive appointments at Tyler Technologies. Headshots of Ryan O’Connor, named chief transactions officer, and Franklin Williams, named chief AI officer, appear alongside the Tyler Technologies logo and School Bus Fleet branding.
Managementby News/Media ReleaseJune 5, 2026

Tyler Technologies Adds New AI, Transactions Leadership Roles

Two company executives are promoted to newly created C-suite positions to accelerate the company's long-term growth in both artificial intelligence and payments.

Read More →
An orange and white graphic with Pro-Vision and Convoy Technologies logos, and text reading "Pro-Vision Acquires Convoy Technologies."
Managementby News/Media ReleaseJune 4, 2026

Pro-Vision Acquires Convoy Technologies

The deal aims to broaden customer relationships and adds specialized vehicle video capabilities for commercial fleets.

Read More →
Ad Loading...
A Durham School Services bus with two people posing in front of it.

Durham School Services Maintenance Teams Earn Missouri Fleet Excellence Awards

Eight of the contractor’s school bus fleets achieved a distinction few maintenance teams earn during the state’s rigorous annual inspection program.

Read More →
Joe Annotti of TRC Companies speaks at ACT Expo. A text overlay reads, “School Buses as Money Makers?” highlighting discussion about electrification, vehicle-to-grid technology, and new revenue opportunities for school bus fleets.
Managementby Amanda HuggettJune 3, 2026

How Incentives, AI, and Energy Markets Are Reshaping School Transportation

Sit down with Joe Annotti of TRC Companies to talk district grant funding, utility challenges, AI, and why school buses are evolving from transportation assets into energy assets.

Read More →
A lineup of Beacon Mobility school buses with text reading "Behind the Contracting Shift."
Managementby Elora HaynesJune 3, 2026

Inside the Contracting Shift: What School Transportation Operators Are Seeing Now

School transportation contractors weigh in on recent trends, costs, driver shortages, and the rise of multimodal student transportation.

Read More →
Ad Loading...
Jeff Weiss of ExoAir Systems stands beside a roof-mounted electric air conditioning unit at ACT Expo. Text overlay reads “ExoAir: Cool Bus. No Idling.”
Managementby Amanda HuggettJune 2, 2026

The No-Idling School Bus AC System

Take a peek at ExoAir Systems’ battery-powered cooling solution designed to run for up to 10 hours without the engine on, reducing fuel use and improving comfort for drivers and students.

Read More →
Charlotte Argue of Geotab speaks at ACT Expo, gesturing toward a display of telematics and camera technology. Text overlay reads “Geotab: Data Drives Safety.”
Managementby Amanda HuggettJune 2, 2026

Geotab on Three Major Trends in School Transportation

School bus fleets are becoming more proactive than ever. From AI driver alerts to vehicle-to-grid opportunities, Geotab outlines the biggest technology trends transforming school bus operations.

Read More →
Graphic announcing Gatekeeper contract news featuring a yellow school bus driving along a waterfront roadway, with “New Contract Announcements” text and Gatekeeper branding displayed prominently.
Managementby News/Media ReleaseJune 1, 2026

Gatekeeper Lands Major School Bus Deals as Revenue Surges

The video solutions provider announces contracts with Atlanta Public Schools and other fleet operators as it records quarterly revenue growth and expanding subscription business.

Read More →
Ad Loading...
Graphic promoting “Building a Mentorship Program” with two women shaking hands across a desk, highlighting tips and common mentorship mistakes in school transportation.
ManagementJune 1, 2026

Building Leaders Who Last: Creating a Successful Mentorship Program in Student Transportation

Discover five strategies for building an effective mentorship program to strengthen leadership development and support staff retention.

Read More →