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Home > Company Index > Transportation > Bus, Taxi, & Other Passenger Services > Laidlaw Inc.

Laidlaw Inc.
 NEWS FROM THE STANDARD
Yahoo! Joins S&P 500
Dec 01 1999 12:00 AM PST

WWW-DOT-UNION-DOT-COM?
Aug 23 1999 12:00 AM PDT

 PROFILE
As North America's #1 bus operator, Laidlaw lays rubber. The company's school buses transport more than 2 million students daily, and its Transit and Tour Services division provides daily city transportation through more than 200 contracts in the US and Canada. The company became the biggest intercity passenger carrier in North America through its 1999 purchase of Greyhound Lines. To focus on its bus operations, the debt-laden Laidlaw is looking to sell its discontinued operations: Ambulance and emergency room management units (American Medical Response and Emcare), and its 44% stake in troubled environmental services company Safety-Kleen. Laidlaw is reorganizing under bankruptcy protection.

 COMPETITION
Coach USA, Inc. (dossier)
FirstGroup plc (FGP)
National Express Group PLC (NEX)

 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 2,926.00
1-Yr. Sales Growth: 29.3%
Employees: 94,900
Revenue per employee: $30,832.46

 KEY PEOPLE
• John R. Grainger
    CEO

 CONTACT INFO
3221 N. Service Rd., PO Box 5028
Burlington Ontario L7R 3Y8, Canada
Phone: 1-905-336-1800
Fax: 1-905-336-3976
Online: Web Site

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