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Laidlaw School Bus
Laidlaw (), organized as Laidlaw International, Inc. (with corporate headquarters in Naperville, Illinois) was the largest provider of intercity bus services, contract public transit and paratransit, and contract school bus service in both the United States and Canada. In February 2007, FirstGroup, a bus and rail transportation operator in the United Kingdom with subsidiaries in North America, acquired Laidlaw International, Inc. FirstGroup completed the acquisition of Laidlaw International on October 1, 2007, and rebranded Laidlaw services under the First umbrella. The deal combined North America’s two largest private school bus operators—Education Services and First Student Inc.—giving them a combined 40% of the school bus contractor market. Laidlaw had grown primarily through acquisitions of other companies and contracting of services formerly directly provided by government entities. It was the parent company of Laidlaw Transit (which was merged into First Transit) ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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Greyhound Lines Of Canada
Greyhound Canada Transportation ULC began as a local British Columbia bus line in the early 1920s, expanded across most of Canada, and became a subsidiary of the US Greyhound in 1940. In 2018, Greyhound pulled out of Western Canada, preserving only domestic service in Ontario and Quebec, and trans-border routes to the United States. In March 2021, Greyhound Canada permanently suspended operation in all of Canada, with the exceptions of the following cross-border routes, operated by Greyhound Lines (USA). *Montreal to Boston *Montreal to New York City *Toronto to Buffalo (with connections to New York City) *Vancouver to Seattle In October 2021, FlixBus announced the acquisition of Greyhound, including Greyhound Canada. In June 2022, Trailways of New York severed its 25-year alliance with Greyhound, ending all interlining and codeshares. Timeline 1921: John Learmonth started a Nelson–Willow Point passenger and freight service in the West Kootenay region of southeastern BC. ...
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Serco
Serco Group plc is a British company with headquarters based in Hook, Hampshire, England. Serco primarily derives income as a contractor for the provision of government services, most prominently in the sectors of health, transport, justice, immigration, space, defence and citizens services. Approximately 55% of the company's revenue and some 75% of its profit is generated from overseas. The company also operates in Continental Europe, the Middle East, the Asia Pacific region (including Australia), and North America. Serco manages over 500 contracts worldwide, employing over 50,000 people. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Serco was founded in 1929 as RCA Services Limited, a United Kingdom division of the Radio Corporation of America and initially provided services to the cinema industry. RCA Services Limited began providing services to governments after during World War 2. After the onset of the war, RCA Servic ...
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Transquest
Serco Group plc is a British company with headquarters based in Hook, Hampshire, England. Serco primarily derives income as a contractor for the provision of government services, most prominently in the sectors of health, transport, justice, immigration, space, defence and citizens services. Approximately 55% of the company's revenue and some 75% of its profit is generated from overseas. The company also operates in Continental Europe, the Middle East, the Asia Pacific region (including Australia), and North America. Serco manages over 500 contracts worldwide, employing over 50,000 people. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Serco was founded in 1929 as RCA Services Limited, a United Kingdom division of the Radio Corporation of America and initially provided services to the cinema industry. RCA Services Limited began providing services to governments after during World War 2. After the onset of the war, RCA Service ...
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Norfolk, Virginia
Norfolk ( ) is an independent city in the Commonwealth of Virginia in the United States. Incorporated in 1705, it had a population of 238,005 at the 2020 census, making it the third-most populous city in Virginia after neighboring Virginia Beach and Chesapeake, and the 94th-largest city in the nation. Norfolk holds a strategic position as the historical, urban, financial, and cultural center of the Hampton Roads region, which has more than 1.8 million inhabitants and is the thirty-third largest Metropolitan Statistical area in the United States. Officially known as ''Virginia Beach-Norfolk-Newport News, VA-NC MSA'', the Hampton Roads region is sometimes called "Tidewater" and "Coastal Virginia"/"COVA," although these are broader terms that also include Virginia's Eastern Shore and entire coastal plain. Named for the eponymous natural harbor at the mouth of the Chesapeake Bay, Hampton Roads has ten cities, including Norfolk; seven counties in Virginia; and two counties in No ...
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Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of its flora and fauna. The capital of the Commonwealth is Richmond; Virginia Beach is the most-populous city, and Fairfax County is the most-populous political subdivision. The Commonwealth's population was over 8.65million, with 36% of them living in the Baltimore–Washington metropolitan area. The area's history begins with several indigenous groups, including the Powhatan. In 1607, the London Company established the Colony of Virginia as the first permanent English colony in the New World. Virginia's state nickname, the Old Dominion, is a reference to this status. Slave labor and land acquired from displaced native tribes fueled the ...
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Reverse Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Canadian Pacific Railway
The Canadian Pacific Railway (french: Chemin de fer Canadien Pacifique) , also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), is a Canadian Class I railway incorporated in 1881. The railway is owned by Canadian Pacific Railway Limited, which began operations as legal owner in a corporate restructuring in 2001. Headquartered in Calgary, Alberta, the railway owns approximately of track in seven provinces of Canada and into the United States, stretching from Montreal to Vancouver, and as far north as Edmonton. Its rail network also serves Minneapolis–St. Paul, Milwaukee, Detroit, Chicago, and Albany, New York, in the United States. The railway was first built between eastern Canada and British Columbia between 1881 and 1885 (connecting with Ottawa Valley and Georgian Bay area lines built earlier), fulfilling a commitment extended to British Columbia when it entered Confederation in 1871; the CPR was Canada's first transcontinental railway. ...
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Wayne Corporation
The Wayne Corporation was an American manufacturer of buses and other vehicles under the "Wayne" marque. The corporate headquarters were in Richmond, Indiana, in Wayne County, Indiana. During the middle 20th century, Wayne served as a leading producer of school buses in North America. Among innovations introduced by the company were the first application of cutaway van chassis for a school bus and an improvement in structural integrity in bus body construction, involving the use of continuous longitudinal panels to reduce body joints; the design change happened before federal standards required stronger body structures in school buses. After 1980, Wayne faced difficulty competing in a market with overcapacity. Declaring bankruptcy, the company discontinued operations in 1992 and its assets were liquidated. Later in 1992, the Wayne brand was reorganized as Wayne Wheeled Vehicles, doing business through 1995. Overview Wayne is a name in school transportation that predates the ...
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School Bus
A school bus is any type of bus owned, leased, contracted to, or operated by a school or school district. It is regularly used to transport students to and from school or school-related activities, but not including a charter bus or transit bus. Various configurations of school buses are used worldwide; the most iconic examples are the yellow school buses of the United States and Canada which are also found in other parts of the world. In North America, school buses are purpose-built vehicles distinguished from other types of buses by design characteristics mandated by federal and state/province regulations. In addition to their distinct paint color (school bus yellow), school buses are fitted with exterior warning lights (to give them traffic priority) and multiple safety devices.
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Michael DeGroote
Michael George DeGroote (August 13, 1933 – September 12, 2022) was a Canadian businessman and philanthropist from Hamilton, Ontario, who resided in Bermuda. Aside from his business career, he was best known as a major private donor to local educational institutions including McMaster University, McMaster University Medical School, and Hillfield Strathallan College. Early life DeGroote was born in West Flanders, Belgium, on August 13, 1933. He immigrated to Canada with his family in 1948, when he was 14 years old. He dropped out of school in ninth grade to help his family by working in the tobacco fields near Tillsonburg, Ontario. He subsequently purchased a former army truck when he was 18 and used it to transport manure to those fields. Business career DeGroote first purchased Laidlaw Transport Ltd., a small trucking company based in Hagersville, Ontario, in 1959. Under his direction, the company expanded past trucking by entering the solid waste and school bus industr ...
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Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ...
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