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Last updated on April 17, 2014 at 1:21 EDT

Academy Agrees to Buy Baltimore’s Golden Ring Travel

February 25, 2013

Leading Northeast Ground Transportation Provider Further Expands Service in Capital Region

HOBOKEN, N.J., Feb. 25, 2013 /PRNewswire/ — Academy Bus, a leading provider of charter and commuter bus services in the Northeast, is pleased to announce an agreement in principal to acquire Baltimore-based Golden Ring Travel.

The agreement is the latest in a series of steps aiming to expand charter and tour offerings in the Baltimore/Washington D.C. region, further strengthening the company’s extensive services.

“The incorporation of Golden Ring Travel helps further position Academy to provide a seamless, one-stop, client experience in and around the Capital Region,” said Francis Tedesco, president of Academy. “We share the same values of quality, safety and customer service, ensuring that our customers will receive the same great service they know and expect from Boston to Washington, DC.”

Golden Ring Travel has been providing top quality ground transportation for more than 25 years. All current employees will have the opportunity to remain in their existing roles.

Golden Ring Travel currently operates a diverse fleet of vehicles and is authorized by the U.S. Department of Transportation, consistently receiving the department’s highest safety ratings. The company is one of a select number of carriers approved by the U.S. Department of Defense for the movement of troops.

Academy Bus will continue to provide support to Ravens Ride, a popular network of shuttles to M&T Bank Stadium, home of the Baltimore Ravens, from suburban Baltimore.

About Academy

Based in Hoboken, N.J., Academy is the largest privately owned and operated motor coach company in the United States. Utilizing more than 650 top-quality buses from ten locations throughout the Northeast including new locations in Bridgeport, Conn., Providence, R.I., Washington D.C., Boston and Baltimore, the company maintains a diverse set of service offerings in charter, commuter and casino operations. Whether moving 20 or 20,000, Academy has the expertise to satisfy every customer. For more information on Academy please visit www.academybus.com.

Contact:
Greg Rhodes
Academy Bus
(201) 420-7000, x2233

SOURCE Academy Bus


Source: PR Newswire