First Research US Industry Profile

View Sample
Bus Transportation Services
SIC Codes: 4119, 4151
NAICS Codes: 4852, 4854, 4855, 485113, 485991
Last Quarterly Update: 4/1/2019
Companies in this industry transport passengers by bus. Major companies include US-based FirstGroup America, the owner of First Student, First Transit, and Greyhound; as well as Andhra Pradesh State Road Transport (India); ComfortDelGro (Singapore); FirstGroup, National Express, and Stagecoach (UK); Nobina (Sweden), and Transport International Holdings (Hong Kong).
Worldwide demand for bus transportation is driven by population growth. Currently estimated at about 7.5 billion, the global population is expected to exceed 9 billion by 2050. Most of the growth is expected to occur in urban areas in developing economies. Globally, buses account for about 65% of urban and suburban public transport, according to the International Association of Public Transport.
The US bus transportation industry includes about 9,800 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $22 billion. Key growth drivers include increases in population density and employment levels.
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 bus service include school, urban, interurban and rural, charter, and paratransit (transportation of people with disabilities). ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

12/17/2018
09/17/2018
06/18/2018
03/19/2018
12/11/2017
09/11/2017
06/12/2017
03/13/2017
11/28/2016
08/29/2016
05/30/2016
02/22/2016
11/16/2015
08/24/2015
05/25/2015
02/16/2015
11/17/2014
08/25/2014
05/26/2014
03/03/2014
11/25/2013
09/02/2013
06/03/2013
03/11/2013
12/03/2012
09/10/2012
06/25/2012
04/02/2012
12/12/2011
09/19/2011
06/06/2011
03/07/2011
11/15/2010
08/23/2010
05/17/2010
02/08/2010