Transfinder achieves 13.5% revenue growth in 2011
The school transportation management solutions provider reports that along with the double-digit revenue growth, it added 169 new clients and increased staff to 60 last year.
SCHENECTADY, N.Y. — Transfinder reported on Tuesday that it reached several corporate milestones in 2011, including double-digit revenue growth.
The school transportation management solutions provider also added 169 new clients, expanded its products and services, and increased its staff from 45 to 60.
Revenues grew from $5.8 million in 2010 to $6.5 million, a 13.5 percent increase.
"Our growth this year demonstrates that we are meeting the needs of school districts that are trying to find ways to increase transportation efficiencies and reduce costs,” said Antonio Civitella, president and CEO of Transfinder. “We have been fortunate to be able to offer products and services that meet these needs and have grown the company as a result. At the same time, we continue to enhance and expand our product line and services to benefit our clients for the long term."
Civitella recapped the highlights of 2011 at his annual “State of the Union” company meeting on Monday:
• Started groundbreaking for a new corporate headquarters in downtown Schenectady to accommodate up to 125 high-tech jobs at Transfinder.
• Expanded the staff in client services, client relations, development and quality assurance to support a growing client base.
• Created a new professional services division to consult with school districts seeking to improve their transportation operations, manage change and reduce transportation costs.
• Released version 10.0 of the company's flagship routing solution, Routefinder Pro, offering new features and functionality for student attendance tracking and boundary planning options for redistricting.
• Held another successful National Client Conference in San Antonio, attracting more than 200 attendees from 29 states and Canada.
"2011 has been a banner year for the company, with significant revenue and employment growth as well as expansion of our products and services,” Civitella added. “I believe the company has reached a new platform of performance and fully expect 2012 to be a record year."
More Management

Budgets Down, Enrollment Shifting: What the Data Says Districts Should Watch
School transportation departments face two converging challenges this year: tightening budgets and shifting enrollment. Most districts still address these issues separately, but the assumption that either trend will simplify operations is proving incorrect.
Read More →
These 8 School Transportation Companies Made the 2026 Inc. 5000 List
Find out which school transportation contractors, technology providers, and suppliers ranked among America’s fastest-growing private companies.
Read More →The Link Between Emotional Intelligence and School Bus Safety
How can emotional intelligence help transportation pros navigate stress, manage change, and build stronger relationships? Listen to find out.
Read More →What Emotional Intelligence Has to Do With School Bus Safety
In this video, discover how emotional intelligence can help transportation leaders and drivers navigate stress, manage change, and build stronger relationships. The Route is sponsored by IC Bus.
Read More →
Beyond Two-Way Radios: School Bus Communications Evolve With Push-to-Talk Over Cellular
PRYME Radio and PositionPTT join forces to advance hands-free radio use and reduce distracted driving. See how PoC compares with traditional radios on range, cost, safety, and connectivity.
Read More →
Have School Districts Adapted to Bus Driver Shortages or Simply Accepted Less Service?
According to a recent report from HopSkipDrive, many districts appear to have recalibrated what "normal" transportation service looks like.
Read More →
Reliable Transportation Linked to Better Student Outcomes, New EverDriven Study Finds
See why new research suggests transportation consistency improves student outcomes while influencing attendance, funding, IEP compliance, and family trust.
Read More →
Switzer-CARTY Enters the U.S. with New Acquisition
The Canadian contractor’s acquisition of Minnesota-based Agnes Corporation marks its first cross-border expansion into the United States and adds 350 vehicles.
Read More →BusRight Adds New Rider Tracking Technology
Safety Pass is an NFC-based student ridership tracking solution that provides real-time boarding and drop-off data to improve school bus safety and family communication.
Read More →
EverDriven Launches RideAware App With Real-Time Student Ride Visibility
The updated platform’s new features improve communication among caregivers, districts, and drivers while streamlining trip updates.
Read More →


