Local Driving Trainer to Give Safety Presentations for Olympic Bus Drivers in Vancouver
BARRIE, ON (January 20, 2010) – Student Transportation of Canada ("STC"), an operating subsidiary of Student Transportation Inc ("ST") (TSX: STB), has one of their own traveling to the 2010 Winter Olympics in Vancouver. While she is not competing for the gold medal in any of the events, she will have a critical job at the games. Chris Albrecht, a driving trainer at the company’s Elmira terminal, has been invited to give safety training presentations to bus drivers transporting athletes, officials, spectators, and media to and from all athletic venues in Vancouver.
"This is such a wonderful opportunity. I am very excited to be a part of the Olympic experience," said Albrecht. "As a trainer, I feel a great responsibility to accurately relay information so the drivers will feel empowered to do what they need to do when their training is complete."
Throughout the three-week period before the Olympics begin, Albrecht will be part of a team that will present to over 2,000 drivers operating over 1,000 buses and conduct hands-on training as well.
Albrecht received the invite after her husband, Brent, recommended her to the company charged with organizing shuttle service to all events at the games. After one phone interview, the company knew Albrecht was the best candidate for the job.
Even though Albrecht will be away from the job for three weeks, her managers and coworkers at Student Transportation of Canada could not be happier for her. "We are thrilled for Chris Albrecht and the opportunity she has been given to represent Canada at the Olympics, " said Diane Weigel, Terminal Manager at the Elmira location. "Chris has been a driver trainer with the company for six years and always has a positive attitude and pleasant disposition. She is a very thorough trainer and we believe, bar none, that she is the best candidate for this position."
Employees at the Elmira terminal are hosting a breakfast Thursday morning in celebration of her tremendous achievement and recognition.
About Student Transportation, Inc.
Founded in 1997, Student Transportation, Inc. (ST) is North America’s third-largest and fastest-growing provider of school bus transportation services, operating more than 6,300 vehicles. ST’s family of local companies delivers safe, reliable and cost-effective transportation solutions to school districts throughout the U.S. and Canada. Services are delivered by drivers, dispatchers, maintenance technicians, terminal managers and others who are caring members of their local communities. For more information, please visit www.rideSTA.com.
Certain statements in this news release are "forward-looking statements" within the meaning of applicable securities laws, which reflect the expectations of management regarding, among other matters, ST’s revenues, expense levels, cost of capital, financial leverage, seasonality, liquidity, profitability of new businesses acquired or secured through bids, borrowing availability, ability to renew or refinance various loan facilities as they become due, ability to execute ST’s growth strategy and cash distributions, as well as their future growth, results of operations, performance and business prospects and opportunities. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue" or similar expressions, and the negative forms thereof, suggesting future outcomes or events.
These forward-looking statements reflect ST’s current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not, or the times at or by which, such performance or results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the inability of ST to control its operating expenses, its significant capital expenditures, its reliance on certain key personnel, the possibility that a greater number of its employees will join unions, its acquisition strategy, its inability to achieve our business objectives, significant competition in its industry, rising insurance costs, new governmental laws and regulations, its lack of insurance coverage for certain losses, environmental requirements, seasonality of its industry, its inability to maintain letters of credit and performance bonds and the termination of certain of its contracts for reasons beyond its control. Material factors and assumptions that were relied upon in making the forward-looking statements include contract and customer retention, current and future expense levels, availability of quality acquisition, bid and conversion opportunities, current borrowing availability and financial ratios, as well as current and historical results of operations and performance. Although the forward-looking statements contained in this news release are based upon what ST believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. These forward-looking statements are made as of the date of this news release and ST assumes no obligation to update or revise them to reflect new events or circumstances, other than as required by applicable law.
Student Transportation Inc.
Denis J. Gallagher
Chairman and CEO
Patrick J. Walker
Executive VP and CFO