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).
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).