April 21, 2014 12:09 PM ET

Road and Rail

Company Overview of Student Transportation of America, Inc.

Company Overview

Student Transportation of America, Inc. provides school bus transportation services in North America. It offers contracted, managed, special needs, and charter services. The company was incorporated in 1997 and is based in Wall, New Jersey. It has a facility in Omaha. Student Transportation of America, Inc. operates as a subsidiary of Student Transportation, Inc.

3349 Highway 138

Building B

Suite D

Wall, NJ 07719

United States

Founded in 1997

Phone:

732-280-4200

Fax:

732-280-4214

Key Executives for Student Transportation of America, Inc.

Founder
Age: 58
Chief Financial Officer and Executive Vice President
Chief Accounting Officer and Vice President
Senior Vice President of Canadian Operations
Regional Chief Operating Officer of Atlantic Region
Compensation as of Fiscal Year 2013.

Student Transportation of America, Inc. Key Developments

Student Transportation of America, Inc. Receives Two New Contracts in Pennsylvania

Student Transportation Inc. announced that Student Transportation of America, Inc. (STA) has been awarded two new school transportation contracts in Pennsylvania with the Hempfield School District and the East Penn School District. Both contracts were recently awarded and negotiated with the districts to change from the incumbent provider. The contracts will generate $10 million in new annualized revenue for STA starting next school year. STA will provide over 200 new, cleaner-burning propane autogas vehicles. Both contracts are 5-year agreements with the option to renew for additional years and include customer-paid fuel, further reducing STA's exposure to fuel price fluctuations.

Student Transportation of America, Inc. Receives Three New Contracts in Upstate New York

Student Transportation of America, Inc. (STA), has been awarded three new school transportation contracts in upstate New York. Batavia City School District and Attica Central School District, both members of the Genesee Valley Educational Partnership, along with the Williamsville Central School District have all signed new contracts with STA and will switch from their current service provider beginning next school year. The contracts will generate over $7 million in new annualized revenue for STA starting next school year. STA will provide approximately 150 vehicles and all contracts include customer-paid fuel, further reducing STA's exposure to fuel fluctuations.

Student Transportation of America Announces New Omaha South Facility at 5402 L Street, Omaha

Student Transportation of America, Inc. along with officials from the Omaha and Millard Public Schools, celebrated delivery of the last of 434 propane-powered buses at its new facility in Omaha. An open house and ribbon-cutting ceremony were held at STA's new Omaha South facility at 5402 L Street, Omaha. In addition, STA announced plans to construct a 15,000-square-foot facility in north Omaha. Along with the main L Street facility, the company revealed plans to build a $3 million second hub on 8.5 acres at 6162 Abbott Drive in north Omaha. The facility will employ more than 220 people and feature propane tanks on site. Dicon of Omaha is the general contractor on the project. Fuel for the transportation contract is being supplied under a long-term agreement with Sapp Bros. Petroleum Inc. of Omaha.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 9, 2014
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