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December 18, 2012
06:30 EDTSTBStudent Transportation awarded transportation agreement by MOEC
Student Transportation, and its subsidiary Student Transportation of America, announced that the company has secured the largest transportation agreement in its history to serve the Omaha and Millard Public Schools in Nebraska. Under the contract with the Metropolitan Omaha Education Consortium Interlocal Transportation Association, the company will provide approximately 530 vehicles including over 400 new fuel-efficient propane-powered vehicles, making it the nation's largest propane-powered school bus fleet. The contract, which begins in August 2013, is the first major contract win for the company's 2014 fiscal year and will add revenues of approximately $25M a year for the potential six-year agreement. The company will open at least three facilities in the Greater Omaha area to service the contract and expects options to renew the revenue contract for future years after the initial six-year term. The company plans to offer all current employees opportunities to continue with STA.
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September 16, 2014
11:58 EDTSTBStudent Transportation says FY15 fleet 20% leased, 5% managed
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11:46 EDTSTBStudent Transportation says seeing incremental growth in existing accounts
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11:13 EDTSTBStudent Transportation says has 'booked revenue' increase of 12% to date in FY15
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September 15, 2014
17:24 EDTSTBStudent Transportation reports Q4 EPS 6c, consensus 7c
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