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 a "fictitious" business name. Registering the fictitious name w ...

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

New Jersey New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...

-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 typically are describ ...

and

suburb A suburb (more broadly suburban area) is an area within a metropolitan area, which may include commercial and mixed-use, that is primarily a residential area. A suburb can exist either as part of a larger city/urban area or as a separate ...

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

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

, 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 and secondary schools in various nations. North America United States In the U.S, most K–12 public schools function as units of local school districts, wh ...

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 investment ...

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

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

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 public school district in Los Angeles, California, United States. It is the largest public school system in California in terms of number of students and the 2nd largest public school district in ...

, 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 Caisse de dépôt et placement du Québec (CDPQ; ) is an institutional investor that manages several public and parapublic pension plans and insurance programs in Quebec. CDPQ was founded in 1965 by an act of the National Assembly, under the go ...

and

Ullico Ullico Inc. is a privately held insurance and financial services holding company in the United States. Formerly known as Union Labor Life Insurance Company, it was founded in 1927 by the American Federation of Labor (AFL) and its then president, ...

. It was formerly publicly traded on both the

and

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

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

Calgary Calgary ( ) is the largest city in the western Canadian province of Alberta and the largest metro area of the three Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, makin ...

Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...

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