Fuel costs drive bus company out of school contract

A major bus company is walking away from a five-year contract with Nova Scotia’s Acadian school board, blaming high fuel prices.

Perry Rand Transportation, operating under the name The Bus Boys, transports 2,700 students a day for the Conseil scolaire acadien provincial. The company is paid per trip, per day.

But the skyrocketing price of diesel is crippling the business, said Rick Spencer, the company’s chief financial officer.