Transco Inc., headquartered in Chicago, Illinois, is a diversified industrial company. Founded in 1936, Transco operates through three principal business groups: Transco Railway Products, Transco Products Inc., and Advance Thermal Corp.
SATSUMA, Alabama -- Satsuma City Schools officials are seeking bids from vendors to buy two 2015 school buses to bolster an aging fleet. But new buses don't come cheap: Estimates range from $65,000 to $85,000, depending on how the bus is equipped. For example, buses used to transport special education students must have air conditioning.
For example, if in the course of one hour a bus only carries 6 people, it could easily cost the transit agency $20 to carry each passenger. On the other hand, a full bus that carries 60 people per hour only costs the transit agency $2 per passenger, which is likely not much more than the fare the passenger is paying.