And Ryder Student Transportation was taken over by First, PLC of the United Kingdom.
First Student, Inc., is an operating unit of First, plc, a worldwide public transportation company traded on the London Stock Exchange. Annualized revenues are approximately $3.5 billion U.S. dollars with over 33,800 stockholders and 342 million shares outstanding. First's U.S. operations, including First Student, are organized under FirstGroup America, Inc. (formerly known as Ryder Public Transportation Services), which provides student transportation, public transit, and public fleet maintenance services to more than 800 customers throughout the United States.
First, plc was incorporated in 1995 out of the merger of two British bus companies, Badgerline Group and Grampian Regional Transport, which operate bus lines in the United Kingdom dating back more than 100 years in some cases. First, plc is now the United Kingdom's largest bus company with over 10,000 buses in service and 30,000 employees in Great Britain. FirstGroup's lines of business also include passenger rail and airport management, and with the acquisition of Ryder's public transportation division in September of 1999, First, plc is now also one of the largest bus companies in the United States.