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 SWOT Analysis Chapter
The Public School Bus Services industry is in the mature phase of its industry life cycle. Industry value added, which measures the industry's contribution to the overall economy, is expected to increase at an annualized 1.2% over the 10 years to 2020. Comparitively, GDP is projected to increase 2.2% yearly over the same 10-year period. Much of the industry's enemic growth is attributable to the large reduction in state spending during the recession and the beginning of the economic recovery.
The industry experienced many mergers and acquisitions (M&A) over the past five years. Major companies in the industry acquired many prominent and local players alike... purchase to read more