North America Market Overview
National Express is the second largest player in the North American school bus market with a 13% share of the outsourced market. Just over a third of the market is outsourced with recent increases in outsource conversion being driven by pressure on public funding. This trend is likely to continue as school district budgets remain constrained. Typically customers are local school boards where local relationships are key and service delivery is very important. National Express also operates in the North American public transit market and is the fourth largest player with around 4% market share. One third of the transit market is outsourced and there is an increasing demand for accessible public transportation services, for fixed route, paratransit and employee shuttle services.
- Bolt-on acquisition opportunities in School Bus and Transit
- New business growth from winning contracts in school bidding season and through new transit contracts