Student Transportation of America
Encyclopedia
Student Transportation Inc. , doing business as Student Transportation of America (STA) and Student Transportation of Canada (STC), is a school bus contractor
based in New Jersey
.
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.
Through acquisitions of smaller companies, Student Transportation has grown considerably over the years. It is the third-largest school bus contractor in the United States, with a fleet of 7,220 vehicles, and transporting nearly 600,000 students. The company currently serves more than 200 school districts in the U.S. and Canada. Among STA's customers is the Los Angeles Unified School District
, which is the second largest school district in the U.S.
Student Transportation, although based in New Jersey, is publicly traded on the Toronto Stock Exchange
.
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 39% are operated by school bus contractors...
based in New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
.
History
Student Transportation of America was established 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 and its income participating securities (IPS) began trading on the Toronto Stock Exchange 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.
Through acquisitions of smaller companies, Student Transportation has grown considerably over the years. It is the third-largest school bus contractor in the United States, with a fleet of 7,220 vehicles, and transporting nearly 600,000 students. The company currently serves more than 200 school districts in the U.S. and Canada. Among STA's customers is the Los Angeles Unified School District
Los Angeles Unified School District
Los Angeles Unified School District is the largest public school system in California. It is the 2nd largest public school district in the United States. Only the New York City Department of Education has a larger student population...
, which is the second largest school district in the U.S.
Student Transportation, although based in New Jersey, is publicly traded on the Toronto Stock Exchange
Toronto Stock Exchange
Toronto Stock Exchange is the largest stock exchange in Canada, the third largest in North America and the seventh largest in the world by market capitalisation. Based in Canada's largest city, Toronto, it is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities...
.