NORWALK, Conn. — The ownership baton of privately-held Teddy’s Transportation System, Inc., a global ground transportation company based in Norwalk, has been passed to the next generation. Leading the company will be President and CEO Charles Wisniewski and Vice Presidents Linda Bento and Ted Wisniewski. The trio has been in top management at the firm for decades. Wisniewski, an industry leader and standards watchdog, was named president of Teddy’s in 1990.
In 1978 their parents, Shelly and Ted Wisniewski, bought Teddy’s Taxi in Westport, along with the Westport Avis franchise and livery plates for the limousine business. In the beginning, there was one limousine and one town car. The taxi business and rental franchise were sold in 1984 so the family could concentrate on the rapidly growing Fairfield County corporate market for chauffeured ground transportation services.
“Cultivating long-term relationships with our customers and with our outstanding staff has been very important in this 24/7 business,” Mrs. Wisniewski said. “The personalized service we provided to corporations such as Glendinning Company and Richardson Vicks contributed to our growth, as their former employees moved to other companies in the region and told fellow road warriors about their positive experience with Teddy’s,” she said. “In stepping aside, I have great confidence, not only in my children, but in the entire team here at Teddy’s,” she added.
Charles Wisniewski, a past president of the National Limousine Association and a founder of the Limousine Operators of Connecticut, has been with the company since 1978. “New technologies, from cell phones and the Internet to GPS, have revolutionized our business. Today we are able to offer online booking, pinpoint the exact location of a passenger’s vehicle in real time, and implement innovative solutions that help corporate purchasers manage a worldwide transportation budget,” he said.
During the last three decades, the family has weathered three recessions, and it expects to continue to be profitable during the current one, the new owners agreed. Pre-approved credit card processing has virtually replaced paper billing and all but eliminated concern about receivables in an economic slowdown, said Mrs. Bento, who oversees accounting procedures. Although current problems in the automotive industry may affect vehicle availability, the growing emphasis on fuel economy will undoubtedly be beneficial, noted Ted Wisniewski, who oversees fleet management and reservations.
Ridership at Teddy’s was up 8% last year, and with a fleet of 35 vehicles (including two hybrid executive sedans), the company ranks as one of the largest chauffeured ground transportation providers in the nation. Sales growth during the recent past earned Teddy’s a place on Inc. magazine’s list of America’s Fastest Growing Companies in 2007 and again in 2008. Teddy’s also was recognized as a Finalist in the 2007 Connecticut Family Business of the Year competition.
Founded in 1932, Teddy’s Transportation System, Inc. is one of the top 50 ground transportation companies in the U.S. today. For more information call 1-800-888-3339 or visit www.teddyslimo.com.
Source: Teddy’s Transportation