MV Transportation Inc. Purchases LADOT Northern Region Transit Service Contract
May 23, 2012 (PRLEAP.COM) Business News
Today, MV Transportation Inc., a leading provider of passenger transportation services in North America, announced the successful purchase of the contract for the Los Angeles Department of Transportation (LADOT) Commuter Express service following the Chapter 11 bankruptcy filing and subsequent auction of Coach America Holdings, Inc. assets. The agreement was approved by the United States Bankruptcy Court for the District of Delaware.MV Transportation Inc. will replace Coach America as LA DOT's Northern provider of Commuter Express and DASH services on June 1, 2012. Under the terms of the 5 year, approximately $55 million agreement, MV will operate 27 neighborhood circular bus routes and seven daily commuter routes throughout the San Fernando, Simi and San Gabriel Valleys in addition to West Los Angeles and downtown. Overall, MV will operate 82 commuter coaches and transit buses and will have a staff of more than 130 employees.
"We welcome this work and the employees back to MV Transportation," said Kevin A. Klika, Chief Operating Officer at MV. "Since we were the previous contractor for a portion of this service, our team is highly familiar with the Commuter Express operation and LADOT's standards for the DASH Services. This will be a seamless transition for the passengers, the employees and the Los Angeles Department of Transportation."
MV Transportation also holds the contract for LADOT's central and southern Los Angeles routes, awarded in August 2011 through a competitive bidding process. In addition, MV Transportation operates more than 30 other contracts in the Greater Los Angeles area.
About MV Transportation, Inc.
Based in Dallas, MV Transportation, Inc. is the largest private provider of paratransit services and the largest privately-owned passenger transportation contracting firm based in the United States. The company employs more than 16,000 dedicated transit professionals and operates more than 200 paratransit, fixed-route, shuttle, school bus and Medicaid contracts in 29 states, the District of Columbia, Canada and Saudi Arabia.