Student Transportation Inc.

Student Transportation Inc.
Public
Traded as NASDAQ: STB
TSX: STB
Industry Student transport
Founded 1997, as Student Transportation of America, Ltd.
Founder Denis J. Gallagher
Headquarters Wall Township, New Jersey, United States
Area served

North America

Key people
 Denis J. Gallagher, Founder & CEO
Services School bus contractor
Revenue $423 million[1]
Number of employees
 11,500[1]
Website RideSTBus.com

Student Transportation Inc., doing business as Student Transportation of America (STA) and Student Transportation of Canada (STC), is a New Jersey-based school bus contractor that focuses on rural and suburban areas. It is the third-largest school bus transportation services provider in North America, with over 11,500 vehicles that transport students in more than 225 school districts.[2]

History

Student Transportation of America was founded in 1997 by Denis J. Gallagher, who is the chairman and CEO of the company.[2] With roots that can be traced to New Jersey’s Coast Cities Bus Service established in 1922 by Gallagher’s grandfather, STA successfully completed an initial public offering and its income participating securities (IPS) began trading on the Toronto Stock Exchange in December 2004.[2]

In November 2009, the company changed its name from Student Transportation of America, Ltd., to Student Transportation Inc. It continues to use the trade names Student Transportation of America and Student Transportation of Canada.[3]

Student Transportation has grown considerably through its "A‑B‑C-D" (Acquisition, Bid, Conversion, and Direct-to-Parent) growth strategy.[4][5][6] Among STA's customers is the Los Angeles Unified School District, which is the second largest school district in the United States.

Student Transportation, although based in New Jersey, is publicly traded on both the Toronto Stock Exchange and Nasdaq.

References

  1. 1 2 "STI Financial Information". 6 June 2013.
  2. 1 2 3 "About". Student Transportation Inc.
  3. ↑ Shareholders Approve Corporate Name Change to Student Transportation Inc.
  4. ↑ "Industry Overview". Student Transportation Inc.
  5. ↑ "Top 50 Contractors". School Bus Fleet. July 2011. p. 37.
  6. ↑ "Student Transportation of America | School Bus Fleet Online Directory". Schoolbusfleetdirectory.com. Retrieved 2009-04-15.

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