SuperShuttle Apt To Expand Presence Under New Ownership

Az Central:

Those blue-and-yellow SuperShuttle vans could pop up at more airports globally now that it has a new owner.

Terms of Scottsdale-based SuperShuttle International Inc.’s acquisition by Illinois-based Veolia Transportation North America, which already operates bus and shuttle services in the Phoenix area, were not disclosed.

No layoffs are planned, and local management for each company isn’t changing. SuperShuttle’s headquarters will stay in Scottsdale, as will Veolia’s Transport on Demand business, a spokeswoman said. The deal is expected to spur further growth for SuperShuttle nationally and eventually lead to international business. SuperShuttle’s CEO Brian Wier, in a press release, said Veolia’s international experience will help the company break into new markets.

SuperShuttle, considered the only national brand name in airport shared-ride ground transportation, does about $100 million in sales annually and employs about 800 people in its reservations, dispatch and management operations. About 2,500 franchise drivers operate 1,200 vehicles at 23 airports nationally. On Nov. 1, the company will add service to two airports in Houston.