Industry Analysis & Industry Trends
The continuing trend among school districts to outsource school bus services, given a lack of state and local funding for public schools, has propelled revenue growth. School districts that traditionally provided their own busing have increasingly turned to industry operators to provide cost-effective transportation programs for schools. However, the industry has encountered challenges in regard to school boards eliminating bus routes, in addition to rising fuel costs, which caused revenue to contract. Nevertheless, in the five years to 2019 revenue will accelerate, given that demand for privatized industry school bus services is expected to strengthen, as school districts face escalating budget cuts caused by reduced state and local funding... purchase to read more
Industry Report - Industry Locations Chapter
Public School Bus Service providers are heavily concentrated in the Mid-Atlantic, Great Lakes, Plains and Northeast regions of the United States. Typically, industry operators locate near large metropolitan areas, such as New York, Boston and Chicago, where students often opt for riding the school bus rather than driving themselves or riding with their parents.
The Mid-Atlantic region of the US is home to 41.7% of total industry operators, with Pennsylvania accounting for 15.0% of industry business alone. Large, densely populated school districts, such as those in New York City, Philadelphia and Washington, D.C. are popular among industry operators because of both the large number of students and their close proximity to their schools... purchase to read more