Veolia purchases PTM

Company will now serve as Veolia’s transit management division.

January 9, 2008

1 min to read

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.

Topics:Management

More Management

Management•by Staff•June 1, 2026

Pittsburgh Approves FY2027 Budget, Warns of Long-Term Funding Challenges

The FY2027 operating budget totals $595.7 million and does not include fare increases or service reductions. To balance the budget, PRT is using $44.8 million in capital funding and $15.4 million in operating reserves.

Solving Operational Challenges with Next Gen Fleet Management

Delays. Service disruptions. Operator shortages. Today’s transit agencies are under pressure to do more with less. Discover how next-generation fleet management helps agencies overcome operational challenges with real-time visibility, AI-powered tools, cloud-native scalability, and smarter dispatching designed for the future of mobility.

A True Low-Floor Minibus Design Delivers Better Accessibility and Efficiency for Everyone

As transit demands evolve, so should your fleet. Download the whitepaper to see how the Low-Floor Frontrunner Minibus compares to traditional options.

Bus•by Staff•May 29, 2026

WMATA Debuts 'Fares Pay for Service' Awareness Campaign

The campaign was highlighted during a media event at the Paul S. Sarbanes Transit Center in Silver Spring, where WMATA’s GM/CEO Randy Clarke joined Metro Transit Police officers, WMATA management team, board members, and staff to expand fare enforcement and customer education efforts on Metro Bus routes throughout the region.

Management•May 29, 2026

Managing Complexity: HDR’s Brian Buchanan on Delivering Major Transit Programs

HDR’s transit program management lead discusses the challenges of overseeing large capital projects, adapting to cost and supply chain pressures, and the capabilities agencies need to build for the future.

Management•by Staff•May 29, 2026

Seattle’s Sound Transit Adopts Updated ST3 System Plan

The updated system plan incorporates cost savings across the agency, including new revenue sources and financial policies, to set the agency on a sustainable path for the future.

Management•by Staff•May 29, 2026

Audit Finds Regional Coordination Across California's East Bay Transit Agencies

The State Auditor further concluded that while collaboration among transit agencies is functioning, the Bay Area’s public transportation systems face mounting structural fiscal pressures that threaten future service levels if sustainable funding solutions are not secured.