School bus mess resolved, Felder says
New companies taking over bankrupt firm’s routes
A potentially messy situation stemming from a school bus company’s bankruptcy that could have left 40,000 students without a way to get to and from their classes has been averted, according to state Sen. Simcha Felder.
Felder said an agreement has been reached to re-assign the 1,600 bus routes handled by Atlantic Express to other school bus companies.
Atlantic Express declared bankruptcy in November. The company blamed rising labor costs and the contract bidding process in New York’s public school system for its financial woes, according to Nasdaq’s website, which reported that Atlantic Express had operated school buses in five states.