The story
Ryder Public Transportation acquisition
In 1999, Ryder sold its school bus division to FirstGroup for $940 million, in order to focus on its truck leasing and rental business.
Laidlaw acquisition
By 2007, FirstGroup had built the First Student network into one of the largest school bus contractors in the United States; in the same year, the company acquired Laidlaw for $3.4 billion, taking over its school transportation operations as well.
FirstGroup breakup
FirstGroup, the parent company of First Student, announced that it would consider a sale of its North American school bus and transit divisions in December 2019. The North American division was valued at $3.5 billion at the time of the announcement. In April 2021, FirstGroup agreed terms were to sell the business to EQT AB. The deal closed on 22 July 2021.
Safety features
In 2010, First Student installed Zonar on all 60,000 of its school buses. These features include the EVIR Inspection System for verified pre-trip, post-trip and child-check inspections; the V2J Vehicle Diagnostic Device for tracking and managing assets and real-time transmission of vehicle subsystem data; and Ground Traffic Control, a Web-based data and fleet management application.
From Wikipedia’s article on First Student Canada, shared under CC BY-SA 4.0.2