News Release - May 19, 1999
STC AND LI'L RED BUS LINES REACH NEW PARTNERSHIP AGREEMENT
The Saskatchewan Transportation Company and L'il Red Bus Lines of
Radville have entered into a new partnership agreement Deputy Premier
and Crown Investments Corporation Minister Dwain Lingenfelter
"This new arrangement will promote STC's partnership with small
private operators, thereby ensuring continued bus service to this part
of rural Saskatchewan," Lingenfelter said. "STC's network of small,
independent partners and inter-connecting carriers is not only
important to the company, it is important to the entire province.
"Li'l Red has operated for more than three years now, as a
community-based partnership endeavour," company president Peter
Sotropa said. "It has provided quality service to this area, and has
become relied upon by the people of this district. STC is helping the
company to stabilize its overhead to ensure the continued operations
of a bus line in this area of the province."
"Li'l Red and STC have developed a partnership in both passenger and
freight services," Judy Bradley, Minister of Highways and
Transportation and MLA for Weyburn-Big Muddy, said. "This business
arrangment is of great benefit to residents of the area."
"The improvements STC has made in its financial performance over
the past couple of years enables it to take on smaller financial
commitments of this nature," Lingenfelter said. "The financial
assistance Li'l Red receives will be absorbed by STC without
increasing the level of subsidy it requires."
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For more information contact:
Phone: (306) 787-6807