Student Transportation Inc.,

doing business as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

Student Transportation of America (STA) and Student Transportation of Canada (STC), is a

New Jersey New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...

–based

school bus contractor A school bus contractor is a private company or proprietorship that provides student transport services to a school district or non-public school. Of the 450,000 school buses operating in the United States, it is estimated that approximately ...

that focuses on

rural In general, a rural area or a countryside is a geographic area that is located outside towns and cities. Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry are typically desc ...

and

suburb A suburb (more broadly suburban area) is an area within a metropolitan area. They are oftentimes where most of a metropolitan areas jobs are located with some being predominantly residential. They can either be denser or less densely populated ...

an areas. It is the third-largest school bus transportation services provider in

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

, with over 11,500 vehicles that transport students in more than 225

school district A school district is a special-purpose district that operates local public Primary school, primary or Secondary school, secondary schools or both in various countries. It is not to be confused with an attendance zone, which is within a school dis ...

History

Student Transportation of America was founded in 1997 by Denis J. Gallagher, who is the chairman and CEO of the company. 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 An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

and its income participating securities (IPS) began trading on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

in December 2004. 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. Student Transportation has grown considerably through its "A‑B‑C-D" ( Acquisition, Bid, Conversion, and Direct-to-Parent) growth strategy. Among STA's customers is the

Los Angeles Unified School District Los Angeles Unified School District (LAUSD) is a State school, public school district in Los Angeles County, California, United States of America. It is the largest public school system in California in terms of number of students and the List ...

, which is the second largest school district in the United States. In 2018, Student Transportation was sold to

Caisse de dépôt et placement du Québec The Caisse de dépôt et placement du Québec (, CDPQ; ) is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was established in 1965 by an act of the ...

and Ullico. It was formerly publicly traded on both the

and

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

. As of 15 June 2022 Student Transportation of America acquired Pacific Western Transportation Group out of

Calgary Calgary () is a major city in the Canadian province of Alberta. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806 making it the third-largest city and fifth-largest metropolitan area in C ...

, Alberta. PWT's Transit and Motorcoach operations were divested to

Keolis Keolis is a French transportation company that operates public transport systems all over the world. It manages bus, rapid transit, tram, coach networks, rental bikes, car parks, water taxi, cable car, trolleybus, and funicular services. B ...

in 2024.

References

External links

RideSTBus.com (official company web site)NASDAQ Exchange Stock Quote for Student Transportation Inc. (STB)Toronto Stock Exchange Quote for Student Transportation Inc. (STB)
{{DEFAULTSORT:Student Transportation, Inc. School bus operators Bus companies of the United States Companies based in Monmouth County, New Jersey Transport companies established in 1997 Student transport Companies formerly listed on the Toronto Stock Exchange Companies formerly listed on the Nasdaq Transportation companies based in New Jersey