Student Transportation Inc. (Nasdaq: STB) (TSX:STB), an industry leader in safety and North America's largest independent provider of student transportation services, celebrated its 20th year since its founding by Chairman and CEO Denis Gallagher. Gallagher, a Charleston resident since 2007, was recently accompanied by several members of the Company’s Executive Leadership Team to participate in the NASDAQ Closing Bell Ceremony at the NASDAQ MarketSite in New York City’s Times Square.
“What began at my kitchen table 20 years ago with a supportive wife, four young kids, and a wing and a prayer has grown into a family of companies with over 175 locations throughout North America, some 15,000 employees who I encourage each day to respect and treat each other like family, and to treat our passengers with compassion and respect,” stated Gallagher. “Our family-like culture is a huge part of our success.”
STI’s presence in Charleston began in 2009 on Daniel Island with a moderate office of two employees handling supportive functions and internal organizational development. Since that time, the team has moved to and outgrown three separate office spaces and is now comprised of more than 30 employees, functioning as the Company’s southeast headquarters supporting the Communications, Marketing and Technology departments of Student Transportation Inc.
While the Company does not provide home-to-school service directly for any South Carolina Public Schools, since that service is operated by the State using its own fleet, STI has established its first South Carolina bus facility in North Charleston for SchoolWheels Direct, a member of the STI family of companies, which provides transportation directly to parents with students at Charleston-area private, charter and magnet schools. STI and School Wheels are very active in the Charleston community providing shuttle transportation service for the Cooper River Bridge Run and many of Daniel Island’s events including the Susan G. Komen Race for the Cure, the Southern Ground Music & Food Festival, the Volvo Car Open Tennis Tournament, and numerous concerts held at the stadium throughout the year.
STI has an extensive non-profit organization, the STI Cares Foundation, which has provided many scholarships to Charleston-area high school students and is the host sponsor for the JDRF Walk for the Cure to help fund research for juvenile diabetes. Additionally, 2017 marks STI’s sixth year of partnership with Denis, Denny & Mark’s Pro-Am Jam, a celebrity charity music and golf event held in October and led by Gallagher and friends, NASCAR driver Denny Hamlin, and Hootie & the Blowfish songwriter and musician, Mark Bryan. Since its inception, the Pro-Am Jam has raised close to one million dollars for the community and local charities it serves.
“Over these 20 years, STI has grown tremendously and we've added a lot of great people to our family whom I love working for,” Gallagher said. “We’ve demonstrated leadership and corporate responsibility which is needed today. The safety of our passengers is crucial to our success. We continue to invest in our people, new equipment, new technology, and our communities. I started this company with the idea to build a business to last with people who care and love what they do. We are industry leaders by design and I am pleased with where we are today and where we are going, to remain ahead of the curve.”