August 22, 2011

MV purchases school bus operator

MV Transportation Inc. announced the successful asset purchase of New York City school bus operator, USA United Fleet Inc. The agreement was approved by the U.S. Bankruptcy Court of the Eastern District of New York last week.

MV Transportation Inc.'s student transportation subsidiary, Reliant Transportation Inc. assumed the existing bus fleet and four New York City Department of Education operation and maintenance contracts.

The company will begin operation of more than 500 bus routes with approximately 600 vehicles beginning with the start of school in New York City, Sept. 8, 2011.

The completion of this transaction, valued at over $75 million in revenue, marks the largest acquisition in the company's 36 year history.

MV Transportation also operates the Access-A-Ride services in Harlem, Staten Island and Brooklyn for the New York Metropolitan Transportation Authority.

 

deli.cio.us digg it stumble upon newsvine
[ Request More Info about this product / service / company ]


E-NEWSLETTER

Receive the latest Metro E-Newsletters in your inbox!

Join the Metro E-Newsletters and receive the latest news in your e-mail inbox once a week. SIGN UP NOW!

View the latest eNews
Express Tuesday | Express Thursday | University Transit

White Papers

Mass Transit Capital Planning An overview of the world-class best practices for assessing, prioritizing, and funding capital projects to optimize resources and align with the organization’s most critical immediate and long-term goals.

The Benefits of Door-to-Door Service in ADA Complementary Paratransit Many U.S. transit agencies continue to struggle with the quality of ADA service, the costs, and the difficulties encountered in contracting the service, which is the method of choice for a significant majority of agencies. One of the most basic policy decisions an agency must make involves whether to provide door-to-door, or only curb-to-curb service.

Mass transit mobile Wi-Fi & the public sector case study How Santa Clara Valley Transportation Authority successfully implemented Wi-Fi on its light rail and bus lines

More white papers


STORE
METRO Magazine - January 2014

METRO Magazine
Here are the Highlight:
  • Top 50 Motorcoach Operators
  • Innovative Motorcoach Operators
  • Rail Crossing Safety in Effect
    And much more…
  •  
    DIGITAL EDITION

    The full contents of Metro Magazine on your computer! The digital edition is an exact replica of the print magazine with enhanced search, multimedia and hyperlink features. View the current issue