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Durham will operate student transportation services for the School District of Philadelphia, which adds 364 buses, 320 routes and more than 500 employees to the company’s existing operations. To welcome the newly hired team members, Durham held an employee kickoff event, which included a barbecue lunch and distribution of new safety vests.
Read More →Officials for Student Transportation Inc. say that the entire process and customer response has gone so well that they were able to move up the closing of the transaction. Student Transportation’s subsidiary SchoolWheels Direct has been managing the operations of the fleet for the past month.
Read More →Student Transportation Inc. (STI)’s SchoolWheels Direct will manage the California school transportation business of Atlantic Express until an asset purchase agreement is closed. Under the court-approved asset purchase agreement, Student Transportation of America (another STI subsidiary) may purchase Atlantic Express’ California assets, contingent on receiving various school district consents and final negotiations.
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With the shutdown of Atlantic Express, Hudson Public Schools contracts with North Reading Transportation to provide school bus service for the rest of the school year. District Superintendent Kevin Lyons tells parents that while changing contractors in the middle of the year is not an ideal situation, “we are working hard to help ensure the smoothest of transitions.”
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After its unionized drivers voted down a new contract offer, the nearly 50-year-old school bus operator says it will close the business. “We gave the union our best offer, which was significantly better than what the new companies in the industry are providing,” Atlantic Express officials say in a statement. “Without this labor contract, we have no choice left but to proceed with the sale of all of the company’s assets and contracts.”
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The school bus contractor cites a union battle, bidding issues and challenging earnings as key factors. The company will continue normal operations during the Chapter 11 process.
Read More →The school bus and coach operator appoints David J. Carpenter as its new CEO and president. Founder Domenic Gatto will stay on as a senior adviser to the company until he retires at the end of the year.
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In this roundtable, executives from several school bus companies discuss driver shortage, the potential for growth in the contractor market this year, and what impact legislative issues — at the national and state levels — will have on their business, and on the industry as a whole.
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Hundreds of school buses in Atlantic Express' New York City fleet were severely damaged or completely destroyed in the storm. The team at Blue Bird worked relentlessly to fill an initial order of 100 Blue Bird Visions within record time for delivery in December, company officials said.
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The founder and CEO of school bus contractor Atlantic Express Transportation Corp. will step down from his post on Dec. 31, 2013, after more than 40 years in the industry. Officials say a search for Gatto’s replacement is underway, and once the new CEO is in place, Gatto will serve as a consultant for the company.
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