San Francisco based El Camino Trailways acquires Nevada based Aztec Transportation to expand its operation to Lake Tahoe and Reno markets
Released on: February 8, 2008, 4:41 am
Press Release Author: El Camino Trailways
Industry: Transportation & Logistics
Press Release Summary: El Camino Trailways, an INC 100 Fastest Growing Transportation Services company in 2006, today announced it has completed acquisition of Nevada-based Aztec Transportation to further accelerate the torrid growth rate it has established under its new leadership and management since 2005 delivering more than 100% growth in 2006.
Press Release Body: . Acquisition makes El Camino Trailways one of the largest Charter Bus and Shuttle Service Operators in Northern California and Nevada.
SAN FRANCISCO - February 1, 2008 - El Camino Trailways, an INC 100 Fastest Growing Transportation Services company in 2006, today announced it has completed acquisition of Nevada-based Aztec Transportation to further accelerate the torrid growth rate it has established under its new leadership and management since 2005 delivering 114% growth in 2006.
Aztec Transportation has been one of the fastest growing Charter Bus operators in the state of Nevada since its inception in 1999. The company's growth has been fueled by the prestigious contracts it has secured to operate Kirkwood, NorthStar and Sierra Tahoe - Booth Creek Ski Holdings properties - Guest and Employee Shuttle Services. The company has also been operating Trolley and Dial-a-ride services for the Town of Truckee for the past five years.
The company also announced it has established a new base of operation in Carson City, Nevada. With this addition, the company now has bases of operations in San Francisco, Santa Clara in Silicon Valley, and now Carson City, Nevada.
"With our new base in Nevada, we are ideally positioned to serve the San Francisco Bay Area, Silicon Valley, San Jose-Stockton-Sacramento corridor, San Francisco-Stockton-Sacramento corridor, and now San Francisco-Lake Tahoe-Reno and San Jose-Lake Tahoe-Reno corridors," said Mike Watson, Managing Director of El Camino Trailways. "The acquisition also adds Lake Tahoe and Reno to San Francisco as attractive Tourist Destinations and Convention venues, which we are now ideally positioned to serve."
With the addition of the Aztec fleet, El Camino Trailways now operates one of the largest Charter Bus and Shuttle Services fleets in Northern California.
"We are delighted to join forces with El Camino Trailways, a leader in the Charter Bus industry in California with its aggressive growth, progressive and visionary consumer-oriented Internet/Web based marketing, and strength and quality of its management team," said Tom Parker, Sr., ex-President of Aztec Transportation, and Director of El Camino Trailways' Nevada Operation. "Our merger with El Camino Trailways will allow us to capitalize on the growth opportunities in Tour and Travel, and Conventions market in the Lake Tahoe and Reno markets."
"Acquisition of Aztec and establishment of a new base of operation in Nevada are very strategic to our plan to expand and extend our Tour and Travel, Conventions, and Corporate Event Charter Services business into Lake Tahoe and Reno markets," said Kumar Shah, Chairman of El Camino Trailways. "After evaluating several acquisition opportunities, we selected Aztec for its strong presence in these markets and strength of its customer relationships."
With this acquisition, El Camino Trailways, a member of the Trailways organization, has also brought the Trailways brand of Safe, Reliable and Comfortable Bus service to the Lake Tahoe market for the first time.
About El Camino Trailways Headquartered in South San Francisco, California and with bases of operations in San Francisco, Silicon Valley, and Carson City, Nevada, El Camino Trailways provides charters for corporate and cultural events, airport transfers, Amtrak Thruway service, school field trips, adventure/sports outings, religious retreats and group tours to destinations throughout the San Francisco Bay area, including San Jose and Oakland. It also runs day and overnight trips to Oregon, Washington State and British Columbia as well as to national parks in Arizona, Colorado, Nevada and Utah. The company\'s interactive Website at www.elcaminotrailways.com serves as a convenient portal for travelers and travel planners. Established in 1962, El Camino Trailways is one of the oldest and one of the largest Charter Bus operators in Northern California.
For more information, please contact:
Michael Watson, Managing Director El Camino Trailways 214 Shaw Road, Suite T, South San Francisco, CA 94080, USA Tel: (650) 989-2607,Toll Free:(866) 588-0256 Mobile: (415) 272-8730 E-mail: mike@elcaminotrailways.com
Web Site: http://www.elcaminotrailways.com
Contact Details: For more information, please contact:
Michael Watson, Managing Director El Camino Trailways 214 Shaw Road, Suite T, South San Francisco, CA 94080, USA Tel: (650) 989-2607,Toll Free:(866) 588-0256 Mobile: (415) 272-8730 E-mail: mike@elcaminotrailways.com
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