Companies in this industry transport passengers by bus. Major companies include First Student, Greyhound, and Transdev (all are US-based divisions of FirstGroup); as well as Andhra Pradesh State Road Transport (India); ComfortDelGro (Singapore); FirstGroup, National Express, and Stagecoach (all based in the UK); Nobina (Sweden); and Transport International Holdings (Hong Kong).
COMPETITIVE LANDSCAPE
Demand depends mainly on the demographic makeup and growth of the local population. The profitability of individual companies depends on efficient operations. Large companies can have advantages in buying fuel and in maintaining fleets. Small companies can compete by providing specialized services. The urban, school, interurban and rural bus transportation segments are highly concentrated. The charter and special needs transportation segments are fragmented.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major types of services include long-distance passenger transportation (about 50%) and local passenger transportation by road and chartered road vehicles (about 50%).