SBF 70 years logo
MenuMENU
SearchSEARCH

Trans Tech Bus Completes Marksohn Family Stock Buyout

The move means that Trans Group owner John Corr and Trans Tech Bus President John Phraner now are exclusive owners of Trans Tech

by Staff
November 3, 2022
Trans Tech Bus Completes Marksohn Family Stock Buyout

Trans Tech Bus President John Phraner looks forward to helping New York school districts and contractors transition fleets to all-electric vehicles.

Photo: Trans Tech Bus

2 min to read


Trans Tech Bus, Inc., New York’s only school bus manufacturer and an electric school bus pioneer, recently finalized the buyout of shares owned by Bart Marksohn and members of the Marksohn family. The stock purchase is a continuation of the Marksohn’s divestment initiative which began a few years ago when they sold their school bus contractor business.  The ownership consolidation means that Trans Group owner John Corr and Trans Tech Bus President John Phraner become exclusive owners of Trans Tech.

“The Marksohn family is legendary within the school transportation industry; and they played an important role in helping Trans Tech become a well-known and trusted school bus brand,” said Corr.  “We truly appreciate all they did to help build the company over the years and wish them well as they transition to their next phase in life.”

Ad Loading...

While the company faces the same global supply chain problems as every other school bus manufacturer, the company says its assembly line is busy manufacturing school buses to meet customer demand. Trans Tech manufactures industry-leading conventional near-zero emission and all-electric school buses at its facility in Warwick, New York. 

The company says it has plans to expand its all-electric school bus manufacturing capacity to meet new demand created when the state of New York passed a law mandating school districts transition their fleets to electric school buses beginning in 2027.

“As a pioneer in the all-electric school bus market and having launched the production of the first all-electric type-A school bus in 2011, Trans Tech is looking forward to helping New York school districts and school bus contractors transition their fleets to all-electric,” Phraner said.

More Management

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 →
Graphic for a School Bus Fleet news story showing a school bus, two students walking toward it, and the headline, "Ohio Considers Ending Transportation Payments," referring to proposed changes to student transportation policy.
Managementby Amanda HuggettJuly 19, 2026

Ohio Transportation Workgroup Calls for End to 'Impractical to Transport' Payments

A final report from Ohio's Pupil Transportation Workgroup proposes ending "impractical to transport" payments and expanding transportation options through regional partnerships, but not all industry pros agree on the approach.

Read More →
A close up of a school bus stop arm with a graphic overlay. Text reads "California Districts Adopt Routing Platform."
Managementby Staff and News ReportsJuly 15, 2026

Transfinder Expands California Footprint with Multiple School District Wins

Six California school districts selected the company's routing platform and related transportation technology as Transfinder continues expanding its presence across the state.

Read More →
Ad Loading...
Promotional thumbnail for The Route podcast featuring School Bus Fleet Editor Amanda Huggett and NSTA Executive Director Curt Macysyn
ManagementJuly 15, 2026

NSTA's Curt Macysyn on Student Transportation History and What's Next

Hear from NSTA's executive director as we discuss student transportation's role in American history, federal regulation, driver recruitment, illegal passing, AI, and what might be next, in this Route interview.

Read More →
Promotional thumbnail for The Route podcast featuring School Bus Fleet Editor Amanda Huggett and NSTA Executive Director Curt Macysyn. The episode, titled "The School Bus and America 250 and Legal Updates," discusses the school bus as an American icon and recent legislative developments affecting student transportation.
Sponsoredby Amanda HuggettJuly 14, 2026

NSTA on 250 Years of America and the Road Ahead for Student Transportation

Curt Macysyn joins The Route to discuss student transportation's role in American history, federal regulation, driver recruitment, illegal passing, AI, and the industry’s future. Sponsored by IC Bus.

Read More →
A new Blue Bird school bus is lifted on a heavy-duty Rotary vehicle hoist during an outdoor maintenance equipment demonstration as attendees gather nearby.
Managementby Amanda HuggettJuly 13, 2026

Photo Highlights: Inside the 2026 Michigan Association for Pupil Transportation Conference

Snapshots from the 2026 MAPT conference, where Michigan's school transportation professionals gathered for training, technology updates, awards, networking, and more.

Read More →
Ad Loading...
Promotional image of Zonar's Bus Suite platform displayed on a desktop monitor, tablet, and smartphone, showcasing dashboards for ridership analytics, route management, GPS tracking, and real-time student transportation operations.
Managementby News/Media ReleaseJuly 10, 2026

Zonar Launches Reimagined Bus Suite Web Portal

Can one platform replace your transportation software stack? Zonar says its new Bus Suite unifies routing, dispatch, field trips, GPS, and parent communication.

Read More →