3.59%
Industry Overview
Large and Stable Industry
More than 475,000 yellow school buses transport 24 million students to and from school each day, providing nearly 10 billion student trips each year. Approximately 70 percent of all school buses are owned and operated by public school districts. The remaining 30 percent are owned or operated by some 4,000 private companies, offering significant consolidation opportunities for service providers like Student Transportation Inc. As public school enrollment continues to grow in many regions of the US and Canada these opportunities will only increase.
Industry Growth Opportunities
Student Transportation Inc. has a successful track record of growth through the implementation of the disciplined A-B-C (Acquisition, Bid and Conversion) growth strategy. At the regional level, STA & STC operations are managed by seasoned industry executives and/or former bus company owners who have extensive experience and knowledge of the local school districts and communities they serve.- Continuing consolidation of private operators
- Conversion of school district buses to private sector
- Special education transportation growth
- Steady growth in student enrollment
