Research and Markets -USA - 4,000 Companies Provide Local Bus Service,
In the US, with Combined Annual Revenue of $9 Billion
DUBLIN, Ireland---Business Wire (San Francisco,CA,USA) -Sept. 20, 2005 -- Research and Markets has announced the addition of Local Bus Transportation to their offering... Brief Excerpt from Industry Overview Chapter: About 4,000 companies in the US provide local bus service, with combined annual revenue of $9 billion. National companies include Laidlaw, FirstGroup America, and Atlantic Express. Most companies are small, with annual revenue less than $5 million... Laidlaw is the largest school bus operator in the US, with 40,000 buses, while FirstGroup is the largest municipal bus contractor. The average bus operator has fewer than 100 buses and operates a single maintenance location...
COMPETITIVE LANDSCAPE: Demand depends mainly on the size and growth of the local population.
PRODUCTS, OPERATIONS & TECHNOLOGY: Most industry revenue comes from operating school buses.
Drivers are the largest single cost for bus operators. To drive vehicles that carry more than 14 passengers, drivers must have a commercial driver's license(CDL)...
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