This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Brevard County Choice Students, 'Reserve Your Seat' For School Bus Service

Stocks in this article: STB

DANIEL ISLAND, S.C., June 24, 2013 (GLOBE NEWSWIRE) -- SchoolWheels Direct, Inc. ("SWD"), a subsidiary of Student Transportation Inc., (STI) (TSX:STB) (Nasdaq:STB), North America's third-largest provider of school bus transportation services, announced that it's new service SchoolWheels Direct has formed numerous routes that will transport students to over ten Brevard County Millennium, Magnet and Choice Schools. The service will be implemented for those students who were displaced from the district operated transportation system due to recent budgetary reductions. SchoolWheels Direct provides a private transportation option in addition to other innovative services to ensure a safe and secure transportation system for students. To learn more and view the Brevard routes, visit .

For Brevard parents, the company has introduced a "fill-the-bus" yield pricing strategy to help parents lower their transportation costs, while getting their children to school safely and on time without the hassles of car pooling. Basically, the more students who reserve seats, up to the state capacity legal limits for the bus, the per-child fee goes down for the entire vehicle. Parents can achieve as low as $5.28 per day or $95 per month, by encouraging others who attend the same schools to also utilize the service. The pricing strategy also includes flexible one, four and ten payment option plans, in addition to discounts for a second student in a family, AM only or PM only riders and Family Maximum discount rates for three or more students in a household.

According to the American Automobile Association (AAA), automobile expenses run approximately $.59 per mile to cover the cost of fuel, maintenance and insurance. Next school year will most certainly guarantee increased vehicle traffic at arrival and dismissal times, revised car loop traffic patterns, increased expenses and longer idle times which affect the community's environment. Estimating the cost for parents of daily transportation for a 10 mile round trip to drop off and pick up students yields a daily minimum cost of $23.60/day, not including their time let alone altering working parents' schedules.  

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs