Virginia Overland Transportation - History, Growth Through Acquisitions

History, Growth Through Acquisitions

Virginia Overland's parent company was formed in 1973 as a small school bus management and consulting company. In 1975, it expanded into operating a cooperative school bus system serving 5 independent schools in the Richmond area. The following year, the service had grown to 13 schools and the company began to acquire all or controlling portions of a number of other older Virginia public service transportation companies, some with roots back to interurban streetcar operations as early as 1915, and urban-suburban bus line bus operations dating from 1928. (Under Virginia law, an "urban-suburban bus line" is defined as a bus service "the majority of whose passengers use the buses for traveling a distance no more than forty miles, measured one way, on the same day, between their residences and their places of employment, stores, or schools.")

Read more about this topic:  Virginia Overland Transportation

Famous quotes containing the word growth:

    Hence, the less government we have, the better,—the fewer laws, and the less confided power. The antidote to this abuse of formal Government, is, the influence of private character, the growth of the Individual; the appearance of the principal to supersede the proxy; the appearance of the wise man, of whom the existing government, is, it must be owned, but a shabby imitation.
    Ralph Waldo Emerson (1803–1882)