MENU
SEARCHTORONTO — Student Transportation of America Ltd. (STA) has announced that it has offered to acquire all of the outstanding common shares of Canadex R...
TORONTO — Student Transportation of America Ltd. (STA) has announced that it has offered to acquire all of the outstanding common shares of Canadex Resources Limited for $5.72 per share and outstanding Class A preferred shares for $1.00 per share.
Canadex is a transportation and energy company consisting of two separately managed business segments. The school bus division is one of the largest independent school bus operators in Ontario.
Commenting on the offer, STA Chairman and CEO Denis J. Gallagher said, "This is a strategic acquisition for STA and our largest investment in Canada. Once the deal is closed, it will increase our Canadian revenues by 67 percent.”
As a result of the deal, STA’s subsidiary Student Transportation of Canada (STC) will have over $40 million of revenues in Canada and will be the country's third largest provider of school transportation services, Gallagher said.
The board of directors of Canadex has unanimously resolved to recommend that holders of Canadex common and preferred shares accept the offer.
The offer will be conditional upon acceptance by shareholders as well as receipt of all necessary regulatory approvals.
Prosper ISD hosted the third annual training for transportation professionals across 67 districts to learn how to respond to emergencies, such as rollovers and evacuations, and proper use of safety equipment.
Read More →
After being suspended over due process concerns, Miami-Dade schools and law enforcement are restarting the AI-powered stop-arm camera program with new oversight.
Read More →
From national bills on seat belts and driver oversight to driver awareness campaigns referencing “Finn’s Rule” and ongoing transportation funding debates in Alaska, here’s the latest in school bus legislation across the U.S.
Read More →
A Williamsburg community is mourning after a child was fatally struck by a private yeshiva bus, prompting calls for urgent safety improvements at the high-traffic crossing.
Read More →
The new data shows 99.99% incident-free trips and strong on-time performance, reinforcing how dependable transportation, especially for vulnerable student populations, can help districts combat chronic absenteeism.
Read More →
Driver shortages, safety expectations, and staffing limits define student transportation in 2026. New survey data shows how fleet leaders are responding.
Read More →
The federal agency's report asks NHTSA to require all new school buses to be equipped with vehicle-integrated alcohol detection systems and passenger lap-shoulder belts.
Read More →
Student transportation teams are being asked to do more with less, facing driver shortages, rising costs, and increasing safety expectations. This report uncovers how fleets are adapting, where technology is making the biggest impact, and why student ridership tracking is emerging as a top priority. Download the report to explore the key trends shaping 2026 and what they mean for your operation.
Read More →
A Carroll County accident claimed the lives of two students and injured over a dozen others on a March 27 field trip for eighth graders at Clarksville-Montgomery County. A preliminary report adds new information to the story.
Read More →
From driver shortage solutions in Tennessee and rural connectivity debates in Utah to new safety laws in Wisconsin and ongoing electric bus mandate discussions in New York and Connecticut, here’s the latest in school bus legislation across the U.S.
Read More →
