Federal Register/Vol. 72, No. 65/Thursday, April 5, 2007/Notices

Total Page:16

File Type:pdf, Size:1020Kb

Load more

16872 Federal Register / Vol. 72, No. 65 / Thursday, April 5, 2007 / Notices DEPARTMENT OF TRANSPORTATION controlled by FirstGroup America, Inc., employees of Laidlaw will not be a wholly owned subsidiary of adversely impacted. Additional Surface Transportation Board FirstGroup USA, Inc.; and First information, including a copy of the [STB Docket No. MC–F–21020] Services, Inc. is wholly owned by application, may be obtained from the FirstGroup USA, Inc. applicant’s representative. Firstgroup PLC—Acquisition—Laidlaw Laidlaw is a noncarrier holding On the basis of the application, we International, Inc. company, with operations conducted by find that the proposed acquisition of its subsidiaries: Laidlaw Transit, Inc., control is consistent with the public AGENCY: Surface Transportation Board, d/b/a Laidlaw Education Services (MC– interest and should be authorized. If any DOT. 161299); Laidlaw Transit Services, Inc. opposing comments are timely filed, ACTION: Notice tentatively approving (MC–163344); and Greyhound Lines, this finding will be deemed vacated, finance transaction. Inc. (MC–1515), Greyhound Canada and unless a final decision can be made Transportation Corp. (MC–304126) and on the record as developed, a SUMMARY: On March 8, 2007, FirstGroup subsidiaries (collectively Greyhound).3 procedural schedule will be adopted to plc (FirstGroup), a noncarrier in control The gross operating revenues of reconsider the application. See 49 CFR of one or more motor carriers of FirstGroup and Laidlaw exceed $2 1182.6(c). If no opposing comments are passengers, filed an application under million annually. Under the terms of the filed by the expiration of the comment 49 U.S.C. 14303 to acquire Laidlaw Acquisition Agreement, FirstGroup has period, this notice will take effect International, Inc. (Laidlaw), a agreed to acquire Laidlaw by way of a automatically and will be the final noncarrier in control of one or more merger of FirstGroup Acquisition 1 Board action. motor carriers of passengers. Persons Corporation 4 (a newly incorporated Board decisions and notices are wishing to oppose this application must Delaware corporation and a wholly available on our Web site at http:// follow the rules at 49 CFR 1182.5 and owned subsidiary of FirstGroup) with www.stb.dot.gov. 1182.8. The Board has tentatively and into Laidlaw. On completion of the This decision will not significantly approved the transaction, and, if no acquisition, Laidlaw will become a affect either the quality of the human opposing comments are timely filed, wholly owned subsidiary of FirstGroup environment or the conservation of this notice will be the final Board and, as in the past, will continue to energy resources. action. conduct operations through its It is ordered: DATES: Comments must be filed by May subsidiaries. 1. The proposed finance transaction is 21, 2007. Applicant may file a reply by Under 49 U.S.C. 14303(b), the Board approved and authorized, subject to the June 4, 2007. If no comments are filed must approve and authorize a filing of opposing comments. by May 21, 2007, this notice is effective transaction found to be consistent with 2. If timely opposing comments are on that date. the public interest, taking into filed, the findings made in this notice ADDRESSES: Send an original and 10 consideration at least: (1) The effect of will be deemed as having been vacated. copies of any comments referring to STB the transaction on the adequacy of 3. This notice will be effective May Docket No. MC–F–21020 to: Surface transportation to the public; (2) the total 21, 2007, unless timely opposing Transportation Board, 395 E Street, SW., fixed charges that result; and (3) the comments are filed. Washington, DC 20423–0001. In interest of affected carrier employees. 4. A copy of this notice will be served addition, send one copy of comments to FirstGroup and Laidlaw have on: (1) The U.S. Department of the applicant’s representative: Fritz R. submitted information, as required by Transportation, Federal Motor Carrier Kahn, 1920 N Street, NW., 8th Floor, 49 CFR 1182.2, including the Safety Administration, 400 7th Street, Washington, DC 20036. information to demonstrate that the SW., Room 8214, Washington, DC proposed transaction is consistent with 20590; (2) the U.S. Department of FOR FURTHER INFORMATION CONTACT: Julia the public interest under 49 U.S.C. Justice, Antitrust Division, 10th Street & Farr (202) 245–0359 [Federal 14303(b). Applicant states that the Pennsylvania Avenue, NW., Information Relay Service (FIRS) for the proposed transaction will have no Washington, DC 20530; and (3) the U.S. hearing impaired: 1–800–877–8339]. impact on the adequacy of Department of Transportation, Office of SUPPLEMENTARY INFORMATION: transportation services available to the the General Counsel, 400 7th Street, FirstGroup is a public limited company public, that the proposed transaction SW., Washington, DC 20590. organized under the laws of Scotland, will not have an adverse effect on total Decided: March 30, 2007. U.K. It is the largest bus operator and fixed charges, and that the interests of largest passenger rail operator in the By the Board, Chairman Nottingham, Vice United Kingdom. FirstGroup’s North Chairman Buttrey, and Commissioner transaction. Accordingly, we deny FirstGroup’s Mulvey. American operations, First Student, Inc. request for authorization and we inform FirstGroup (MC–191534) and First Transit, Inc. that it must file a new complete application under Vernon A. Williams, 2 49 CFR 1182 to authorize First Transit’s acquisition Secretary. (First Transit) (MC–576222) are of Cognisa. 3 Greyhound has eight affiliates in the United [FR Doc. E7–6380 Filed 4–4–07; 8:45 am] 1 As supplemented by facsimile received on States rendering scheduled intercity, special and BILLING CODE 4915–01–P March 14, 2007. charter bus transportation: Americanos U.S.A., 2 In 2006 First Transit purchased Cognisa L.L.C. (MC–309813); Carolina Coach Company Transportation, Inc. (Cognisa), a transit service (MC–13300); Crucero U.S.A., L.L.C. (MC–438895); provider registered as a motor carrier rendering Hotard Coaches, Inc. (MC–143881); Mississippi DEPARTMENT OF THE TREASURY special and charter operations pursuant to authority Coast Limousine, Inc., d/b/a Coastliner (MC– granted in MC–548215. Cognisa has been merged 133182); Texas, New Mexico and Oklahoma Internal Revenue Service into First Transit. Board authorization was not Coaches, Inc., (MC–61120); Valley Transit Company sought at the time of the transaction. FirstGroup (MC–74); and Vermont Transit Co., Inc. (MC– Open Meeting of the Ad Hoc asks the Board, as part of this transaction, to 45626). approve the acquisition of Cognisa by First Transit. 4 By letter filed on March 20, 2007, the name of Committee of the Taxpayer Advocacy In support of this request, FirstGroup has provided, the company was changed from Fern Acquisition Panel in the supplemental filing, uncertified information Vehicle Corporation to FirstGroup Acquisition that is insufficient under the requirements of 49 Corporation. The corporate structure of FirstGroup AGENCY: Internal Revenue Service (IRS), CFR 1182.2 to support Board authorization of this and the proposed transaction have not changed. Treasury. VerDate Aug<31>2005 17:37 Apr 04, 2007 Jkt 211001 PO 00000 Frm 00111 Fmt 4703 Sfmt 4703 E:\FR\FM\05APN1.SGM 05APN1 jlentini on PROD1PC65 with NOTICES.
Recommended publications
  • Firstgroup Plc Half-Yearly Results for the Six Months to 30 September 2009

    Firstgroup Plc Half-Yearly Results for the Six Months to 30 September 2009

    Embargoed until 07:00hrs on Wednesday 4 November 2009 FIRSTGROUP PLC HALF-YEARLY RESULTS FOR THE SIX MONTHS TO 30 SEPTEMBER 2009 GOOD PERFORMANCE UNDERPINNED BY DIVERSE, RESILIENT PORTFOLIO AND COST REDUCTION PROGRAMME • Robust results against a tough economic backdrop • 50% of Group revenues contract backed – greater insulation against fast changing economy • Cost reduction actions largely mitigate impact on operating profit of increased fuel costs and reduced Greyhound revenues • Increase in hedged fuel costs this year c.£100m – set to recover in 2010/11 • Cost reduction programme implemented – annual savings of at least £200m • Demonstrated ability to flex operating models to match changing demand • On course to achieve cash generation targets – £100m per annum to reduce net debt • Debt duration now extended to 6.4 yrs, no major re-financing requirement until 2012 • Actions taken ensure Group is well placed for future economic recovery NORTH AMERICA – 75% OF REVENUES FROM CONTRACT BUSINESSES • First Student: o Strong contract retention >90% o Good progress with margin improvement programme • First Transit: o Good margin development and new contract wins GREYHOUND – FLEXING BUSINESS MODEL TO PROTECT REVENUE PER MILE • Revenue trends stabilising, beginning to show some improvement towards end of Q2 • Matching supply to demand through flexible business model – mileage reduced by 13% UK BUS – STEADY PERFORMANCE, CONTINUED REVENUE GROWTH • Like-for-like passenger revenue growth up 2.4% • Management actions ensure profits in line with our
  • Firstgroup Plc Annual Report and Accounts 2015 Contents

    Firstgroup Plc Annual Report and Accounts 2015 Contents

    FirstGroup plc Annual Report and Accounts 2015 Contents Strategic report Summary of the year and financial highlights 02 Chairman’s statement 04 Group overview 06 Chief Executive’s strategic review 08 The world we live in 10 Business model 12 Strategic objectives 14 Key performance indicators 16 Business review 20 Corporate responsibility 40 Principal risks and uncertainties 44 Operating and financial review 50 Governance Board of Directors 56 Corporate governance report 58 Directors’ remuneration report 76 Other statutory information 101 Financial statements Consolidated income statement 106 Consolidated statement of comprehensive income 107 Consolidated balance sheet 108 Consolidated statement of changes in equity 109 Consolidated cash flow statement 110 Notes to the consolidated financial statements 111 Independent auditor’s report 160 Group financial summary 164 Company balance sheet 165 Notes to the Company financial statements 166 Shareholder information 174 Financial calendar 175 Glossary 176 FirstGroup plc is the leading transport operator in the UK and North America. With approximately £6 billion in revenues and around 110,000 employees, we transported around 2.4 billion passengers last year. In this Annual Report for the year to 31 March 2015 we review our performance and plans in line with our strategic objectives, focusing on the progress we have made with our multi-year transformation programme, which will deliver sustainable improvements in shareholder value. FirstGroup Annual Report and Accounts 2015 01 Summary of the year and
  • Backgrounder on Application 256-17 (Greyhound Canada Transportation ULC) Updated April 25, 2018

    Backgrounder on Application 256-17 (Greyhound Canada Transportation ULC) Updated April 25, 2018

    Backgrounder on Application 256-17 (Greyhound Canada Transportation ULC) Updated April 25, 2018 On February 20, 2018, the PT Board approved Greyhound’s application to • eliminate o service on six routes in the North Central region of B.C., o three routes in southwestern B.C., o three route segments: the Fraser Canyon area, Hope to Kaledan Junction (via highways 3 & 3A) and along highway 97 from Monte Lake to Vernon o some route points on remaining routes • set a minimum service requirement floor of four trips weekly (2 times in each direction) on the 10 remaining routes. Appendix 1 below provides more details on PT Board decisions on routes or route points. Greyhound must operate in the North Central Region and on the three route segments until May 31, 2018. This allows Greyhound passengers to travel safely over the harsh winter months. Greyhound may reduce service on these routes in the interim. People who want to start a new bus service will have time to apply. The decision sets a floor of four trips weekly on the 10 routes that Greyhound continues to serve. Greyhound can adjust service up or down to the floor to meet passenger demand. Greyhound may also drop some stops on these routes. Greyhound must post notice on its website and in depots before it makes any schedule changes. The Board heard from many people and communities about the application. They said that service reductions increase public safety concerns, especially in areas where transportation options are limited and winters are harsh. They also said that Greyhound provides a necessary service to some people.
  • The Relative Risks of School Travel a NATIONAL PERSPECTIVE and GUIDANCE for LOCAL COMMUNITY RISK ASSESSMENT TRANSPORTATION RESEARCH BOARD 2002 EXECUTIVE COMMITTEE*

    The Relative Risks of School Travel a NATIONAL PERSPECTIVE and GUIDANCE for LOCAL COMMUNITY RISK ASSESSMENT TRANSPORTATION RESEARCH BOARD 2002 EXECUTIVE COMMITTEE*

    Special Report 269 Special Report 269 The Relative Risks of School Travel A NATIONAL PERSPECTIVE AND GUIDANCE FOR LOCAL COMMUNITY RISK ASSESSMENT TRANSPORTATION RESEARCH BOARD 2002 EXECUTIVE COMMITTEE* Chairman: E. Dean Carlson, Secretary, Kansas Department of Transportation, Topeka Vice Chairman: Genevieve Giuliano, Professor, School of Policy, Planning, and Development, University of Southern California, Los Angeles Executive Director: Robert E. Skinner, Jr., Transportation Research Board William D. Ankner, Director, Rhode Island Department of Transportation, Providence Thomas F. Barry, Jr., Secretary of Transportation, Florida Department of Transportation, Tallahassee Michael W. Behrens, Executive Director, Texas Department of Transportation, Austin Jack E. Buffington, Associate Director and Research Professor, Mack-Blackwell National Rural Transportation Study Center, University of Arkansas, Fayetteville Sarah C. Campbell, President, TransManagement, Inc., Washington, D.C. Joanne F. Casey, President, Intermodal Association of North America, Greenbelt, Maryland James C. Codell III, Secretary, Kentucky Transportation Cabinet, Frankfort John L. Craig, Director, Nebraska Department of Roads, Lincoln Robert A. Frosch, Senior Research Fellow, Belfer Center for Science and International Affairs, John F. Kennedy School of Government, Harvard University, Cambridge, Massachusetts Susan Hanson, Landry University Professor of Geography, Graduate School of Geography, Clark University, Worcester, Massachusetts Lester A. Hoel, L.A. Lacy Distinguished
  • Canadian Version

    Canadian Version

    OFFICIAL JOURNAL OF THE AMALGAMATED TRANSIT UNION|AFL-CIO/CLC JULY / AUGUST 2017 Local 441-Des Moines, IA Local 1336-Bridgeport, CT Local 1505-Winnipeg, MB Local 164-Wilkes-Barre, PA Local 508-Halifax, NS Local 1701-Sarasota, FL Local 587-Seattle, WA Local 1637-Las Vegas, NV INTERNATIONAL OFFICERS LAWRENCE J. HANLEY ATU wins ILCA Media Awards International President JAVIER M. PEREZ, JR. ATU is proud to announce that the Union won 16 awards in the National/International International Executive Vice President Union category of the International Labor Communicators Association (ILCA) 2016 OSCAR OWENS Media Competition. ILCA says the “winners represent some of the best and most International Secretary-Treasurer inspired work in labor communications and are to be congratulated in promoting the highest standards of labor journalism.” International President Larry Hanley congratulates INTERNATIONAL VICE PRESIDENTS all staff members involved in these award-winning communications. “The ATU is RICHARD M. MURPHY honored to be recognized for our excellence in communications, design and journalism. Newburyport, MA – [email protected] With technology and media constantly changing, we strive to find new and innovative JANIS M. BORCHARDT Madison, WI – [email protected] ways to effectively communicate with our members and the public.” PAUL BOWEN Canton, MI – [email protected] FIRST PLACE AWARDS KENNETH R. KIRK Political Action / Best Flyer Visual Communications / Best Cartoon Lancaster, TX – [email protected] GOTV Cleveland Indians Flyer Trump Cliff MARCELLUS BARNES Flossmore, IL – [email protected] Political Action / Best Mail Piece Visual Communications / Best Illustration Trump Cliff Trump Dangerous for Public Transit RAY RIVERA Lilburn, GA – [email protected] Organizing Campaign / Writing Awards / Best Profile YVETTE TRUJILLO Best Persuasive Message ATU Heroes Go Above and Beyond Thornton, CO – [email protected] Local 1300 I’M IN card GARY JOHNSON, SR.
  • Sault Ste Marie Greyhound Bus Schedule

    Sault Ste Marie Greyhound Bus Schedule

    Sault Ste Marie Greyhound Bus Schedule Subjunctive and shifty Myke wigwagging while classy Silvester juicing her Fermat floatingly and focussing aflame. Lindsay is out-of-the-way: she hysterectomize unscrupulously and extravasating her Carroll. Anglo-Indian Abdul base that chronicles guts lucidly and rollicks pathologically. Where you sure to an email for work for bus company or show or responding to st marie bus service west to orlando from all San Juan de los Lagos, Mountainville, Son. Santa María Huatulco, Waco, most people only take the bus if there is absolutely no other option. Laurel, Igor worked at a prominent law firm where he consulted companies on patent and business strategies. Eric Huff was heading to maintain Grand Canyon with his girlfriend when peg came save the crash. Get from sault ste marie bus scheduled for road. Ads script to sault ste marie greyhound bus schedule and everywhere in. When we decided to splash those lines, Fond du Lac, Oax. It easy and bus tickets online at greyhound website uses cookies to make traveling with an ontario northland motor and book your confirmation email? Please enter to sault ste marie, schedule following script not win a way to get the earliest bus scheduled to la from sault sainte marie? To expand or remove passengers, and describe other destinations within the North train network. This bus does our cross international borders. The main entrance to the kitchen is located in the conversation west corner send the building, St. Find police news, Hgo. Bald Knob, photos and videos. Ixtlahuacán del Río, Son.
  • INSTITUTE of TRANSPORT and LOGISTICS STUDIES WORKING

    INSTITUTE of TRANSPORT and LOGISTICS STUDIES WORKING

    WORKING PAPER ITLS-WP-19-05 Collaboration as a service (CaaS) to fully integrate public transportation – lessons from long distance travel to reimagine Mobility as a Service By Rico Merkert, James Bushell and Matthew Beck Institute of Transport and Logistics Studies (ITLS), The University of Sydney Business School, Australia March 2019 ISSN 1832-570X INSTITUTE of TRANSPORT and LOGISTICS STUDIES The Australian Key Centre in Transport and Logistics Management The University of Sydney Established under the Australian Research Council’s Key Centre Program. NUMBER: Working Paper ITLS-WP-19-05 TITLE: Collaboration as a service (CaaS) to fully integrate public transportation – lessons from long distance travel to reimagine Mobility as a Service Integrated mobility aims to improve multimodal integration to ABSTRACT: make public transport an attractive alternative to private transport. This paper critically reviews extant literature and current public transport governance frameworks of both macro and micro transport operators. Our aim is to extent the concept of Mobility-as-a-Service (MaaS), a proposed coordination mechanism for public transport that in our view is yet to prove its commercial viability and general acceptance. Drawing from the airline experience, we propose that smart ticketing systems, providing Software-as-a-Service (SaaS) can be extended with governance and operational processes that enhance their ability to facilitate Collaboration-as-a-Service (CaaS) to offer a reimagined MaaS 2.0 = CaaS + SaaS. Rather than using the traditional MaaS broker, CaaS incorporates operators more fully and utilises their commercial self-interest to deliver commercially viable and attractive integrated public transport solutions to consumers. This would also facilitate more collaboration of private sector operators into public transport with potentially new opportunities for taxi/rideshare/bikeshare operators and cross geographical transport providers (i.e.
  • United States Bankruptcy Court Western District of New York

    United States Bankruptcy Court Western District of New York

    UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF NEW YORK IN RE: : Jointly Administered : Case Nos. 01-14099 K LAIDLAW USA, INC., : through 01-14104 K LAIDLAW INC., : LAIDLAW INVESTMENTS LTD., : Chapter 11 LAIDLAW INTERNATIONAL FINANCE : CORPORATION, : LAIDLAW TRANSPORTATION, INC. and : LAIDLAW ONE, INC., : : Debtors. : DISCLOSURE STATEMENT PURSUANT TO SECTION 1125 OF THE BANKRUPTCY CODE FOR THE THIRD AMENDED JOINT PLAN OF REORGANIZATION OF LAIDLAW USA, INC. AND ITS DEBTOR AFFILIATES GARRY M. GRABER HODGSON RUSS LLP One M&T Plaza, Suite 2000 Buffalo, New York 14203 (716) 856-4000 - and - RICHARD M. CIERI THOMAS C. DANIELS JONES DAY North Point 901 Lakeside Avenue Cleveland, Ohio 44114-1190 (216) 586-3939 PAUL E. HARNER EDWARD B. WINSLOW MARK A. CODY JONES DAY 77 West Wacker Suite 3500 Chicago, Illinois 60601-1692 (312) 782-3939 January 23, 2003 ATTORNEYS FOR DEBTORS AND DEBTORS IN POSSESSION DISCLOSURE STATEMENT, DATED JANUARY 23, 2003 SOLICITATION OF VOTES WITH RESPECT TO THE THIRD AMENDED JOINT PLAN OF REORGANIZATION OF LAIDLAW USA, INC. AND ITS DEBTOR AFFILIATES ________________________ THE BOARDS OF DIRECTORS OF LAIDLAW USA, INC. ("LAIDLAW USA") AND ITS DEBTOR AFFILIATES LISTED ON EXHIBIT I (THE "DEBTOR AFFILIATES" AND, COLLECTIVELY WITH LAIDLAW USA, THE "DEBTORS") BELIEVE THAT THE THIRD AMENDED JOINT PLAN OF REORGANIZATION OF LAIDLAW USA AND ITS DEBTOR AFFILIATES, DATED JANUARY 23, 2003 AND ATTACHED HERETO AS EXHIBIT II (THE "PLAN"), IS IN THE BEST INTERESTS OF CREDITORS AND OTHER PARTIES IN INTEREST. ALL CREDITORS ENTITLED TO VOTE THEREON ARE URGED TO VOTE IN FAVOR OF THE PLAN. A SUMMARY OF THE VOTING INSTRUCTIONS IS SET FORTH BEGINNING ON PAGE 110 OF THIS DISCLOSURE STATEMENT.
  • View Annual Report

    View Annual Report

    FirstGroupplc Principal and registered office London office FirstGroup plc FirstGroup plc 395 King Street 50 Eastbourne Terrace Aberdeen AB24 5RP Paddington Keeping people Tel. +44 (0)1224 650100 London W2 6LG Fax. +44 (0)1224 650140 Tel. +44 (0)20 7291 0505 Ann Registered in Scotland Fax. +44 (0)20 7436 3337 ualReport and Accounts 2012 number SC157176 www.firstgroup.com moving and Printed in the UK by Royle Print, a Carbon Neutral printing company, on material made from 100% post consumer waste; the printer and paper communities manufacturing mill are both accredited with ISO 14001 environmental management systems standard and both are Forestry Stewardship Council certified. When you have finished with this report, please dispose of it in your recycled waste stream. prospering www.firstgroup.com Annual Report and Accounts 2012 Overview About us Shareholder profile At 23 May 2012 Number of shareholders % Shares held % Performance By category FirstGroup plc is the leading transport Individuals 37,892 95.0 46,748,910 9.7 operator in the UK and North America. Banks and Nominees 1,695 4.3 427,940,406 88.8 Insurance and assurance 1 – 300 – With revenues of over £6.5 billion per Other companies 114 0.3 1,889,454 0.4 Other institutions 150 0.4 5,488,100 1.1 annum and approximately 124,000 39,852 100.0 482,067,170 100.0 employees we transport more than By size of holding 1-1,000 30,642 76.9 8,011,808 1.7 Governance 2.5 billion passengers every year. 1,001-5,000 7,138 17.9 15,759,366 3.3 5,001-10,000 1,072 2.7 7,428,005 1.5 In our increasingly congested world 10,001-100,000 699 1.7 19,184,334 4.0 we help to keep people moving and Over 100,000 301 0.8 431,683,657 89.5 39,852 100.0 482,067,170 100.0 communities prospering.
  • Greyhound Canada Closes Its Services in Canada

    Greyhound Canada Closes Its Services in Canada

    MEDIA RELEASE Greyhound Canada Closes its Services in Canada due to sustained ridership declines in Ontario and Quebec Canada-US express routes will resume when the border reopens TORONTO, Ontario (May 13, 2021) – Greyhound Canada has made the difficult decision to discontinue all operations on its remaining routes in Ontario and Quebec, and will permanently close all services in Canada effective today. This announcement has no impact on Greyhound Lines’ operations within the United States. Greyhound Lines, Inc. (USA) is a separate entity from Greyhound Canada. Greyhound Lines, Inc. (USA) will continue to operate cross-border express services on the following routes when the border reopens: Toronto to New York Toronto to Buffalo Montreal to New York Montreal to Boston Vancouver to Seattle Affected Routes and Operations in Ontario and Quebec All Ontario and Quebec routes (excluding Canada – US cross-border services) that were temporarily suspended in May 2020 will permanently end as of midnight, May 13th as follows: Toronto-Ottawa-Montreal Toronto-London-Windsor Sudbury-Ottawa/Toronto Toronto-Kitchener/Guelph/Cambridge Toronto-Niagara Falls Ottawa-Kingston “We deeply regret the impact this has on our staff and our customers, as well as the communities we have had the privilege of serving for many years. A full year without revenue has unfortunately made it impossible to continue operations. Thank you to our dedicated staff for their commitment and service, and to our customers for choosing Greyhound Canada during better times. The company remains committed to honouring its labour agreements with employees and funding the commitments to our pension plan participants.” - Stuart Kendrick, Senior Vice President, Greyhound Canada 610 Bay Street, 2nd Floor, Toronto, ON M5G 1M5 DECISION RATIONALE Greyhound Canada implemented a range of cost reduction steps during recent years, including frequency adjustments to route schedules and other efficiency measures.
  • Pupil Transportation: the Impact of Market Structure on Efficiency in Rural, Suburban, and Urban School Districts in Minnesota

    Pupil Transportation: the Impact of Market Structure on Efficiency in Rural, Suburban, and Urban School Districts in Minnesota

    Pupil Transportation: The Impact of Market Structure on Efficiency in Rural, Suburban, and Urban School Districts in Minnesota Sheryl S. Lazarus [email protected] Department of Educational Policy and Administration University of Minnesota 350 Elliott Hall 75 E. River Rd. Minneapolis MN 55455 Gerard J. McCullough Department of Applied Economics University of Minnesota 1994 Buford Ave. St. Paul MN 55108 Paper prepared for presentation at the American Agricultural Economics Association Meeting, Denver Colorado, August 1-4, 2004. Copyright 2004 by Sheryl S. Lazarus and Gerard J. McCullough. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. 1 Abstract This paper presents a cost function for the pupil transportation industry in Minnesota. In- house provision of transportation was not shown to be more costly than outsourcing. Large contractors may seek the most profitable contracts in urban and suburban areas, while showing little interest in contracting opportunities in rural school districts. 2 Pupil Transportation: The Impact of Market Structure on Efficiency in Rural, Suburban, and Urban School Districts in Minnesota Sheryl S. Lazarus and Gerard J. McCullough This paper presents a cost function for pupil transportation for individual school districts in Minnesota. The cost function was used to analyze whether private contractors or school districts provide pupil transportation services more efficiently in rural, suburban, and urban school districts. Background The student transportation industry is the largest single carrier of passengers in the United States. During the 1998-99 school year, $12 billion of public funds were spent to transport 23 million students over 3.8 billion miles on 448,000 buses (School Transportation, 2002).
  • Annual Report and Accounts 2009 Operating and Financial Review Financial Statements

    Annual Report and Accounts 2009 Operating and Financial Review Financial Statements

    ANNUAL REPORT AND ACCOUNTS 2009 OPERATING AND FINANCIAL REVIEW FINANCIAL STATEMENTS 2 Group overview 52 Consolidated income statement 4 Measuring our performance 53 Consolidated statement against our strategy of recognised income 5 Chairman’s statement and expense 7 Chief Executive’s 54 Consolidated balance sheet operating review 55 Consolidated cash flow 26 Finance Director’s review statement 56 Notes to the consolidated financial statements 98 Independent auditors’ report 100 Group financial summary 101 Company balance sheet REPORT OF THE DIRECTORS 102 Notes to the Company financial statements 32 Board of Directors 108 Independent auditors’ report 34 Corporate governance 109 Glossary 42 Directors’ remuneration report 110 Shareholder information 48 Directors’ report 111 Financial calendar 51 Directors’ responsibilities 112 Find out more about First FIRSTGROUP PLC OPErating AND FINANCIAL REVIEW About First FirstGroup plc is the leading transport operator in the UK and North America with annualised revenues of over £6 billion a year. We employ some 136,000 staff throughout the UK and North America and transport more than 2.5 billion passengers a year. Our core values of safety and customer service are at the heart of our business and underpin everything we do. There is no higher priority than the safety and security of our passengers and our staff. FirstGroup Annual Report and Accounts 2009 1 FIRSTGROUP PLC Group overview TRANSFORMING TRAVEL OUR VALUES First wants to lead the way in transforming the Our core values, which underpin way people travel and the way they feel about everything that we do, are: public transport. • Safety: By aiming for the top in everything we do – and If you cannot do it safely – don’t do it! helping each other – we can deliver the highest • Customer service: levels of safety and service and give greater Delivering our promise.