Industry Analysis & Industry Trends
The privatization of bus transportation services by school boards has been the main contributor to industry revenue over the past five years. It has also provided many companies with new service contracts. Companies will compete on quality of service, such as cleanliness and punctuality, as well as price, but safety remains the primary concern. The outlook for this industry will depend on how it addresses issues such as the impact on the environment and improving vehicle safety, as well as the ability to compete on price as state and local governments squeeze school districts' budgets through 2017... purchase to read more
Industry Report - Industry Products Chapter
School buses transport an estimated 26 million students each year, according to the most recent data provided by the American School Bus Council. The industry includes private companies that provide busing services for elementary, middle and high school students. These companies are typically hired by school districts. With recent budget cutbacks for education services, more school districts have been opting for these outsourced services. About 30.0% of school districts use these contracted services for student transportation.
Public school busing for students
The industry garners the majority of its revenue from providing transportation for children who attend public school... purchase to read more