Management & Operations

Veolia purchases PTM

Posted on January 9, 2008

Veolia Transportation has purchased Cincinnati-based Professional Transit Management (PTM), effective Jan. 1.  


In the majority of Veolia's 130 contracts in the U.S. and Canada, the company is responsible for the full gamut of transit operations, providing contracted services to transit authorities. 


In addition to this large number of operating contracts, Veolia also has management contracts with four transit systems — Pensacola, Fla.; Phoenix, Ariz.; and Raleigh-Durham and Winston-Salem, N.C. These four contracts will be added to the 15 managed by PTM, with the PTM team now serving as Veolia's transit management division.  


PTM’s Thomas Hock will continue to serve as CEO, while Will Scott, currently serving as vice president and region manager, has been promoted to president and COO, and Mike Setzer will continue as executive vice president as well as take on an expanded role within Veolia, supporting the areas of business development and operations.

View comments or post a comment on this story. (0 Comments)

More News

Lyft will show CTA, Metra schedules on its app

Chicago is the fifth city in which Lyft rolled out the new feature, called Nearby Transit.

WMATA selling surplus property to cut costs, generate revenue

Properties in Maryland, Virginia, and the District have potential for commercial, residential, and/or mixed-use development.

Voith appoints new director of rail for North America

Garrett Goll has 10 years of experience in the rail industry.

VTA chief receives 'Lifetime Achievement Award' from university group

During her 30-plus-year career, Fernandez has served in leadership roles at some of the largest transportation agencies in the U.S.

Kooistra appointed GM of Minneapolis' Metro Transit

Kooistra will replace Brian Lamb, who is not being re-appointed. Lamb has served as GM since 2004.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation