Transfinder achieves 20% revenue growth in 2012
The transportation management solutions provider also added 143 new clients and increased its staff to 65 last year. Revenues grew from $6.5 million to $7.85 million.
SCHENECTADY, N.Y. — Transportation management solutions provider Transfinder hit several corporate milestones in 2012, company officials announced on Monday.
The company added 143 new clients, expanded its products and services, and achieved double-digit revenue growth. Revenues grew from $6.5 million to $7.85 million, a 20% increase over the prior year.
Transfinder, which provides student transportation management systems and services for more than 1,500 school districts in North America, also reached the final stages of constructing its new corporate headquarters at 440 State St. in downtown Schenectady, with an anticipated move-in date in the spring.
"Our growth this year demonstrates that we are meeting the needs of school districts that are trying to find ways to increase transportation efficiencies, keep their students safe 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."
Civitella recapped the company’s 2012 highlights at his annual State of the Union company meeting, held on Monday:
• Sustained double-digit revenue growth for the past 15 years.
• Named to the Inc. 5000 as one of the fastest-growing private sector companies for the seventh consecutive year.
• Reached the final stages of construction of a new $7 million corporate headquarters in downtown Schenectady.
• Expanded the staff in client services, client relations, development and quality assurance to support a growing client base. The company increased its staff to 65.
• Launched a new mobile app for the iPad — Infofinder mobile — which enables district administrators to access critical transportation information wherever they are.
"2013 marks our 25th year in business,” Civitella added, “and, as we look to the future, we expect to increase market share throughout North America and expand into international markets by offering new innovations that meet the changing needs of school districts and by partnering with industry leaders who offer compatible technology products."
More Management

ASTP's Tod Eskra Named an Entrepreneur of the Year
The award from Ernst & Young honors visionary leadership behind one of America's fastest-growing student transportation contracting companies.
Read More →
Drivers and Technicians: Help Benchmark Today's School Bus Manufacturers
If you've spent time behind the wheel or under the hood, we want to hear your perspective on the buses you know best.
Read More →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 →
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 →
Pro-Vision Acquires Convoy Technologies
The deal aims to broaden customer relationships and adds specialized vehicle video capabilities for commercial fleets.
Read More →
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 →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 →
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 →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 →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 →



