Company Milestones. STA is awarded two new contracts for the upcoming school year in New Hampshire, adding $4.3 million in annualized revenue.
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1 Company Milestones 2013 STI will present it s 100 th consecutive monthly dividend to shareholders at TSX ceremony. il Wins new contracts in Texas, Pennsylvania, and Ontario, CA each for five years or more to total over $10 million in annual revenue STI wins largest contract in Company History. New propane-powered fleet in Omaha, Nebraska becomes the largest in the nation and reduces Omaha s carbon footprint. Closes asset purchase and sale agreement with National Express Corporation (NEX) opening STI operations in two new states, Texas and Washington. il STI extends Sudbury Handi-Transit services through STA is awarded two new contracts for the upcoming school year in New Hampshire, adding $4.3 million in annualized revenue. STA is awarded two new contracts with 100% customer paid fuel in Connecticut for the upcoming school year adding $4.6 million in annualized revenue and a purchase of 80 new vehicles. STC is awarded new contracts in the Simcoe County and Niagra Region of Ontario adding 200 vehicles, C$9.0 million in revenue on an annualized basis Oct Sept y Acquires Wisconsin based Dairyland Bus, Inc. adding 700 vehicles, five new locations and $36 million in revenue. Acquires School Transportation Services (STS) based in Passaic County, NJ, adding over 90 vehicles and annualized revenues over $5.4 million. Chairman and CEO Denis J. Gallagher and management team ring Opening Bell at NASDAQ ketsite and common stock is listed on NASDAQ Global Select ket SM. Files for U.S. listing of common stock on NASDAQ. Acquires Ocean State Transit in Rhode Island, adding 118 vehicles, four new locations, and $7.2 million in annualized revenue. Acquires Ridge Road Express, Grand Tours and Scholastic Transportation Management Services, based in Lockport NY, adding 320 vehicles, six new locations and $16 million in annualized revenue.
2 2010 Acquires Kevah Konner, adding 100 vehicles serving communities in Northern NJ and $4.8 million in annualized revenue. Acquires Leuschen Bros. Ltd. based in Ontario, Canada, adding 250 vehicles, three new locations and net revenues of $12 million. Student Transportation of America (STA) Education Foundation supports Gretzky Foundation with cash scholarships to high school students in Greater Toronto planning to attend college. Connecticut School District RSD 17 privatizes student transportation, awards contract to STA, uses STA payment of $830,000 for current fleet of school buses to avoid layoffs and fund educational programs. Minnesota school district renews contract for $4 million per year, replacing one-fifth of the fleet with STA s alternative-fueled school buses. STA Education Foundation awards $12,000 in scholarships to Charleston area high school seniors planning to attend college or technical school in South Carolina; Foundation distributes additional $21,000 to Charleston-based charities and clubs. Acquires Mid-City Transit Corp. in Middletown NY, adding 130 vehicles and annualized revenues of $7.2 million. Acquires Wilkerson Transportation Company in Morristown NJ, adding $3 million in Launches $100 million Education Stimulus Plan to encourage privatization of school district student transportation with cash payment for bus fleet to avoid layoffs and cuts to educational programs. Established information center to help community in Greenwich CT connect with family and friends in Haiti after earthquake disaster Redeems all outstanding subordinated notes for cash, with automatic separation of Income Participating Securities (IPS). Shareholders approve corporate name change to Student Transportation Inc.; continues to trade under STB ticker symbol on Toronto Stock Exchange. Sep Acquires Jordan Transportation in Butler, NJ; 35 th acquisition since inception, adding 135 vehicles, two locations and $7.2 million in Wins new contract with New York State s largest charter school; expands into Buffalo. School Bus Fleet Magazine ranks STA third largest school bus fleet in North America. Increases fleet of green school buses to more than 900 biofuel vehicles to reduce greenhouse gas emissions throughout Canada. Announced de-listing IPSs on Toronto Stock Exchange and listing of subordinated notes to transition to more typical common share company.
3 Jun Jun Student Transportation of America Ltd. closes $42 million offering of common shares. Awarded seven-year contract to provide student transportation services for Williamsport Area School District in Pennsylvania. Establishes Dividend Reinvestment Plan. Wins two new school district transportation contracts in Illinois. Wins new five-year school busing contract in Duval County, Florida Wins new five-year school busing contract in Los Angles CA. Acquires Elgie Bus Lines in London, Ontario. Expands Canadian biodiesel fuel program to more than 25% of its total fleet of yellow school buses. Awarded new five-year busing contract for seven schools in New Hampshire regional school district. Completes acquisition of Canadex Resources Limited. Wins contract to provide van transportation services for 35 private, parochial and special needs schools Bangor, PA school district area. Acquires Canadex Resources grows to fourth largest student transportation provider in Canada Sep Acquires Elliott Coach Lines based in Ontario, adding 230 vehicles and Cdn$12 million in Receives $600,000 grant from South Coast Air Quality Management District to purchase clean air CNG vehicles for Riverside, CA operations. Announces common share offering; increases offering later that month Oct Expands Canadian operations; acquires Burley Bus of Ontario, adding Cdn $1.2 million in Common shares and subordinate notes commence trading on the Toronto Stock Exchange under the symbols STB and STB.DB. Wins largest conversion contract since IPO to privatize transportation services for Altoona Area School District in Pennsylvania.
4 Jun Acquires Simcoe Coach Lines in York Region of Ontario, adding 110 vehicles and Cdn$5 million in annual revenue. Closes $60 million offering of income participating securities on Toronto Stock Exchange. Three bid wins, two in Illinois and one in New Hampshire, add approximately $3 million in annual revenues. Acquires McCrillis Transportation of Portsmouth New Hampshire, adding annual revenues of $670,000. Receives customer consent and approvals to acquire Liftlock Coach Lines in Ontario, adding Cdn$3.4 million annualized revenue. Wins two new contracts: five-year contract in California worth $7 million in annual revenue and a five-year contract in New Hampshire worth $1 million in annual revenue Sep Acquires bus companies in Maine (Hudson Bus Lines) and Pennsylvania (Byrd Yeany Busing), adding a total of 77 buses and annual revenues of $2.3 million. Acquires student transportation company James O. Sacks of Collegeville, PA, adding annual revenues of $5.3 million. Enters Canadian school transportation market after acquiring Ayr Coach Lines in Waterloo, Ontario. Forms Canadian operating company, Student Transportation of Canada. Acquires assets of A&E West Coast Transport, adding 71 vehicles to fleet in California s San Jose/ Silicon Alley area and new annual revenue contracts of $4 million. Pays first cash distribution to holders of Income Participating Securities Student Transportation of America Ltd. and Student Transportation of America ULC begin trading on the Toronto Stock Exchange after completing initial public offering of 11,604,140 Income Participating Securities. First STA Education Foundation/Finfrock Scholarships awarded First Annual STA Education Foundation/John Finfrock Scholarship Golf Event held in Western Pennsylvania. y Creates STA Education Foundation to advance educational opportunities available to deserving high school seniors enrolled in school districts served by STA. 1997
5 Student Transportation of America founded by Denis J. Gallagher.
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